Quarterly Outlook
Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Head of Commodity Strategy
Summary: Hedge funds continued to cut bullish commodity bets ahead of the G20 summit and the net-long across 26 major commodities hit its lowest since March 2016 in the week to November 27.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity