With the global economic recovery expected to broaden and policy settings still very supportive we detail our third quarter strategic asset allocation.
Alongside our view on asset class prospects and returns, we share our central case for the progressive global reopening playing out over the coming 6-12 months led by vaccinations in the developed world and the economic policy supporting a growth recovery.
We also explore what we believe are the key risks for investors to monitor, namely a persistent lift in inflation, or the risk that a serious COVID resurgence derails the global recovery.
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David is one of Australia’s leading investment strategists.