CIO Commodity Commentary

Gold remains an attractive diversifier

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Alternatives Overview

Further articles

Dec 04, 2020 Equities

Why stocks rely on interest rates staying low

Low real interest rates have been a driver of stock-market valuations in recent years. That need not spell trouble for 2021.
Dec 03, 2020 Macro

Investment Traffic Lights

The vaccines were the breakthrough. Now a year beckons in which central banks are likely to keep interest rates low even as economies recover.
Dec 03, 2020 Multi Asset

Looking forward to a boring year

After a rollercoaster 2020, chances for a more "normal" 2021 are good. Economic recovery and central-bank support can serve as a safety net.
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