#Market Strategy — 10.09.2018

September 2018: Investment Strategy Update

Volatility has remained low over the summer but is still possible in the coming weeks and months as long as short-lived risks persist.

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Our 10 investment themes for 2019 will mostly focus on equity markets which will resume an upward trend amid a volatile environment.

Political factors still weigh on financial markets

Our base scenario for 2019 remains favourable for risk assets as fundamentals are still positive.

President Trump and President Xi came to a trade truce at the G-20 meetings this past weekend.

In our view, the medium-term bull market is not over.

The bull market over the medium term is not over.

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