Equity presentation December 2019

Peter Garnry
Head of Equity Strategy

Summary:  The newly released OECD global leading indicators show that October was likely the turning point in the global economy and as such equities are now entering the best period against bonds based on historical observations. We take a look at what equity market and industries tend do best during the economic recovery phase. In addition we take a fresh look at the US-China trade war, potential for fiscal stimulus and repo stress in the last weeks of 2019.


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