Tactical Investment Strategy July 2018

On the surface, the fundamental outlook remains supportive for risk assets overall, but beneath the surface, the outlook has gotten a bit murkier. Growth is solid, but it has again become more U.S. dependent, and while current tariffs may not have a material impact on the growth picture, continued retaliatory escalation could at some point cause markets to downgrade growth expectations.

  • DATE: July 13, 2018
  • TYPE: PDF

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