2019 had been the year of uncertainty, driven by trade tensions, recession risks, impeachment escalation, Brexit delays and geopolitical risks, to name just a few. Whilst geopolitics in 2019 was a key influencing theme on investor sentiment, Citi analysts believe that ultimately markets could refocus on economic fundamentals. However, given political frictions, there is strong value in including hedges in a diversified asset allocation.
2020 Annual Outlook
2020 Annual Outlook: Thriving Amid Uncertainty
Previous Article USD fundamentals turning negative; Investors still maintaining exposure to safe havens (JPY, Gold) as uncertainties remain a feature of 2020