Quarterly Outlook
Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Head of Macroeconomic Research
Summary: At face value, the latest UK services PMI print suggests a new level of confidence in British industry. But don't be fooled – Brexit anxiety still weighs heavily on the economy and credit growth is shockingly bad for a developed country.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity