Quarterly Outlook
Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Global Head of Macro Strategy
Summary: A squeeze on long USD positioning over the last couple of sessions picked up pace overnight as US President Trump teased the market by supposedly ordering a draft of a US-China trade deal. This wouldn’t have anything to do with next Tuesday’s mid-term elections, would it?
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity