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: France’s economy will be more resilient this year than the rest of the eurozone due to a strong inflow of credit and fiscal stimulus. However, the country has not fully taken advantage of the low-interest rate environment to move upmarket and we fear that layoff plans are coming in industries that are most vulnerable to the international context.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity