Perpetual Monetary Stimulus Keeps Global Risks at Bay

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  • Central banks likely will continue backstopping unexpected risks and normalizing rates cautiously.
  • The U.S. and global economies are muddling along without apparent growth catalysts but few observable risks.
  • Market leadership has shifted from the U.S. toward riskier asset classes.
  • Investors should prudently stay broadly globally diversified to spread out risks and increase opportunities.

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