2020 Outlook: Global Market Strategy – Regional Outlooks

Central banks and geopolitics to shape the course of the global economy in 2020


North America

Eurozone, the UK, Japan


Other emerging markets

Asset class outlooks

In addition to our regional outlooks, the Global Market Strategist Office has developed a view of various asset classes heading into 2020. We expect global economic growth to decelerate for much of 2020. Given that we expect continued monetary policy accommodation with little fiscal stimulus, we are more optimistic about capital markets than we are about economic growth. We therefore favor risk assets over non-risk assets. 

Click here to read the outlook for each asset class.

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