Fullerton Investment Views - 3Q 2020
  Recession To Recovery: Emerging Trends and Their Implications


Summary

  • Our baseline scenario of a painful but short global recession seems to be unfolding, and global earnings are showing signs of bottoming
  • Forward-looking markets are rallying and expect stronger earnings growth to come through
  • However, recoveries in economic activity and unemployment, back to pre-COVID-19 levels, will likely take several years
  • We remain sanguine about longer-term fundamentals and have become more positive on risk assets
  • Active management is still critical and there are key signposts investors need to watch closely

For a more in depth analysis, read the full report here