November 2023 - Monthly House Views

Walking a tightrope

As geopolitical and interest rates risks test the nerves of already unsettled markets, we anticipate growth in developed economies will continue to slow over the next few quarters as fiscal policies continue to normalise and the lagged effects of monetary policy feed through. We maintain our expectations surrounding strong US resilience compared to the Eurozone and UK. In the meantime, China's outlook remains disappointing despite continued efforts to defend its currency. What does this mean for investors and how does it impact our asset allocation?

Learn more in our November 2023 House Views by clicking on the document below.