31
Jul
Q3 Investment Strategy & Outlook 2019
Global Investment Climate - Key Points
- Once again a highly volatile and uncertain quarter
- Interest rate markets remain pessimistic
- What is the actual likelihood of key rate cuts?
- Risks of further disappointment in August return
- Caution is advisable in a particularly uncertain context
UAE Investment Climate - Key Points
- UAE Economic Highlights
- UAE Eases Rules on 100% Foreign Ownership to boost the economy
- Fed’s dovish tone on interest rates is positive development
- Economic activity in Dubai picks up in H1 2019
Key convictions for Q3 2019 - Key Points
- Global economy is stronger than implied by leading indicators
- Growth in global liquidity picks up
- Inflation slowly heats up, driven by job creation and crude prices
- Recession scenario still unlikely
- Risks once again elevated in most markets
