THE LIBRARY

At the time of writing, global stock markets are rallying, up 8-10% since the U.S. election night. The markets seem to be discounting the post-U.S. election night theatrics in anticipation of the Electoral College confirming the President-Elect on December 14th and welcoming the potential roll outs of Covid-19 vaccines at Pfizer and Moderna. Calendar year 2020 has been a rollercoaster year for global stock markets. After hitting all time highs in the first six weeks of the y

Looking backwards and forwards As 2019 comes to a close, what may we expect from our portfolios in 2020, given the current global economic cycle and a bull market deep into its 10th year? Various snapshots in recent time show that global stock markets provided a lot of volatility to portfolios without really going anywhere until recently. Looking forward, global GDP growth is forecasted to be similar to 2019 …. in the 2.6% range, with regional disparities. % Growth for