01
Oct
Q4 Investment Strategy & Outlook 2019
Global Investment Climate - Key Points
- No real signs of recession in the US
- Huge fall in long rates, and more flexible monetary policy
- The consensus is clearly too pessimistic
- Rate market forecasts will likely adjust
- Increased risk of a share correction
UAE Investment Climate - Key Points
- Dubai records 135% growth in FDI in H1 2019
- Dubai ranked third-most affordable city for prime real estate
- New real estate body to improve supply-demand balance
- Positive on Dubai Real Estate
Key convictions for Q4 2019 - Key Points
- US growth will remain solid
- Central banks back in the limelight
- Low interest rates favourable to economic upturn
- Long-term interest rate markets have to adjust
- Valuation levels of risky assets once again generous
