Global Investment Strategy 2020: Curing a hangover from trade

investment insights

Global Investment Strategy 2020: Curing a hangover from trade

Stéphane Monier - Chief Investment Officer<br/> Lombard Odier Private Bank

Stéphane Monier

Chief Investment Officer
Lombard Odier Private Bank
Samy Chaar - Chief Economist

Samy Chaar

Chief Economist

Will the world economy recover from the trade shock? We believe it will be a slow process in 2020, as the hangover from the trade war lingers.

Meanwhile, accommodative central banks will keep yields low. And persistently low yields in traditional fixed income represent a major hurdle for investors. For our clients, this is strategic.

The US elections and the trade dynamics will be key to investor sentiment in 2020. But these are only two reasons for caution. The cycle’s remarkable longevity, expensive asset valuations, and other geopolitical threats, including rising inequality across the globe, are all good reasons to keep a prudent and resilient portfolio positioning.

Discover our 2020 investment outlook and find out how we position our clients’ portfolios in this slow-growth, low-rate environment in this video featuring Stéphane Monier, CIO Private Bank, and Samy Chaar, Chief Economist.

Important information

This document is issued by Bank Lombard Odier & Co Ltd or an entity of the Group (hereinafter “Lombard Odier”). It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a document. This document was not prepared by the Financial Research Department of Lombard Odier.

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