Summary quotes from a note dated Dec 1st: Continuer la lecture de « Merrill Lynch’s X Asset Views 2018: Higher, but Harder »
Goldman recommends investors to « remain pro-risk » going into 2018, meaning overweight equities, be neutral on credit and underweight bonds. Continuer la lecture de « Remain Pro-Risk – Goldman Sachs »
Jan Loeys has been working as the head of asset allocation for JPMorgan, where he has spent 31 years. He was famously known for the « JPMorgan View » report, published every Friday.
I couldn’t retrieve the apparent last note published but Zerohedge did, so here are some quotes from the full text that you can find there. Continuer la lecture de « Interesting Lessons from Jan Loeys »
And leverage has been building up since the global financial crisis, contrary to most belief. So if you think the streak of bad luck Altice has been facing recently is just a one-off, think again. Continuer la lecture de « Leverage Sets the Stage for the Next Crisis »
Over the last 8-9 years, financial assets have had a good run, but now valuations look stretch and expected real returns are low. Continuer la lecture de « Where is the Cycle ? What Should My Asset Allocation Look Like ? »