China: downturn or u-turn?

China is experiencing a crisis of confidence, increasing the danger of all-out crisis. But our core scenario remains relatively positive as we also see important structural strengths.

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03-Dec-20 Multi Asset

Looking forward to a boring year

By: Björn Jesch

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

Central banks, Macro, Global, Multi Asset
08-Jul-20 CIO View quarterly

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Equities, Fixed Income, Alternatives, ESG, Multi Asset, Macro
03-Jul-20 Multi Asset

Equities still the place to be

By: Klaus Kaldemorgen

Monetary and fiscal packages are driving the markets, but their valuation leaves little room for economic disappointment.

Multi Asset, Central banks, Global

Further articles

27-Nov-23 Multi Asset

Long View Q3: Japanese reflation

Japanese market has generated renewed confidence among investors with the potential to escape the deflationary trap of the past three decades.
24-Nov-23 Americas

Debtor’s prism

Some U.S. households are clearly getting squeezed by higher interest rates. How much of a macroeconomic impact this will have is surprisingly tricky, however.
22-Nov-23 Letter to Investors

2024 – it could be good, by year end

How optimistic can we be about investments in 2024 if the year starts with a recession? We can to some extent because our forecasts focus on the end of the year.
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