We have a slight bullish view of cash-like instruments, preferring ultra-short-duration instruments. Our rationale is that such investments can offer a “safe haven” alternative to gold, and are currently more attractive than gold given the latter’s stretched valuations]. In addition, given the volatility markets are experiencing, having adequate cash on hand enables investors to take advantage of opportunities created by downward volatility.
Read the Global Market Strategy office's regional outlooks here.
The Global Market Strategy Office is headed by Kristina Hooper, Chief Global Market Strategist (New York). Members include: Brian Levitt, Global Market Strategist, North America (New York); Arnab Das, Global Market Strategist, EMEA (London); David Chao, Global Market Strategist, APAC (Hong Kong); Tomo Kinoshita, Global Market Strategist, Japan (Tokyo); Luca Tobagi, Product Director, Investment Strategist (Milan); Paul Jackson, Global Head of Asset Allocation Research (London); Talley Leger, Investment Strategist (New York); Tim Horsburgh, Investment Strategist (New York); Andras Vig, Multi Asset Strategist (London); Ashley Oerth, Investment Strategy Analyst (New York).
Read more 2020 Outlooks
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