01
Apr
Q2 Investment Strategy & Outlook 2020
Global Investment Climate - Key Points
- Covid-19 suddenly puts a stop to market euphoria
- Market panic triggers one of the fastest bear markets in history
- Massive 10 trillion dollars in support from central banks and governments
- A temporary shock that is likely to be followed by a sharp recovery in H2
- Corrections of risky assets represent long-term opportunities
UAE Investment Climate - Key Points
- The UAE swiftly implemented measures to prevent the spread of the Covid-19
- UAE response to limit the economic impact of the Covid-19
- Targeted Economic Support Scheme (TESS) stimulus package
- Revised GDP growth rate
Key convictions for Q2 2020 - Key Points
- An unprecedented health crisis but only a temporary economic shock
- New budgetary paradigm in light of extraordinary fiscal packages
- Lasting, unequivocally expansionary monetary policies
- Unexpected consequences for capital markets
