Credit Suisse believes global growth will be a sluggish 2.5% in 2020 with a mild recovery in industrial production. A de-escalation of the trade war should lead to a resurgence in capital spending in the US and China, Brexit should finally be resolved, and central banks will generally remain accommodative. Against this backdrop, Stephen Cabot, Investment Consultant at Credit Suisse Private Banking Australia, reckons investors should be overweight in technology shares and emerging markets stocks, and consider alternatives managers who can generate lowly correlated returns to mitigate against some of the macro risks. Hear from Stephen his rationale behind these asset classes, and why he believes investors should underweight cash and fixed income securities over the year ahead.
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