House view

Deeper dive

Investors should fix the roof while the sun shines

Despite this year’s strong rebound, global stocks remain around 5% below the all-time high set in September.

Questions we’re tracking

Can global equities regain their poise?

We still recommend an overweight to global stocks, which are bolstered by strong fundamentals and appealing valuations.

Our preferences

We believe equity markets are more likely to rise than fall over the next six months

We also continue to hold certain counter-cyclical positions that can help protect portfolios against downside risks.

Video feature

Risks to watch in the year ahead

Mark Haefele discusses potential downside scenarios we're monitoring, including trade escalations and a rapid inflation increase.

Video feature

The hot topic of trade

Min Lan Tan discusses our expectations for US and China trade relations in 2019.

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