MacroResearchBoard

Major Changes In The Secular Backdrop – January 28, 2019

Major Changes In The Secular Backdrop

Our research team recently looked ahead at the likely asset market trends that should evolve heading into and following the next global recession. While a recession is still not on the horizon, our goal was to provide a roadmap of how the world economy would likely evolve, and to help clients prepare for some significant changes in the investment landscape.

One of the non-consensus calls was that the world was already starting a long-term transition from disinflation towards mild inflation. Aside from the obvious investment implications, one of the less focused countries could again return to favor after being mostly forgotten for the last three decades, namely Japan.