No Double Dip: Quarterly Review & Outlook

1
Jul

No Double Dip: Quarterly Review & Outlook

Genus Video Commentary

Equity markets needed to correct from last year’s stimulus-induced highs, but their moves down in the second quarter were overdone as investors succumbed to exaggerated fears of a double-dip economic recession. Despite the tough economic landscape, the odds of a double-dip are zero.

Perspective: Genus Quarterly Review & Outlook

• Global economic recovery still on track, but at a slower pace
• Yield curve signalling zero chance of double dip recession in next 12 months
• Governments, central banks maintaining supportive fiscal and monetary conditions
• China, emerging markets picking up slack for slower-growing developed nations
• Global equities at their cheapest since 1985—more upside potential than downside
• Genus portfolios emphasize emerging markets, developed market income-drivers

Click on the link (right) to read our latest Commentary. View PDF