In this section you'll find the latest Investment Clock views and positioning, Investment Clock insights and blogs, and a library of economic updates from the multi asset team.
Investment clock positioning
As at January 2021. Source: RLAM. For illustrative purposes only. Trail shows monthly readings based on global growth and inflation indicators. Orange dot is the current reading.
Vaccine provides boost to pro-cyclical view
Stocks ended a turbulent year on firm footing as news of successful vaccine trials saw markets rally to fresh highs. Vaccination should accelerate the return to normality and has improved the outlook for risk assets.
Policy still supportive
Policy makers are maintaining extraordinary fiscal and monetary stimulus, with ultra loose monetary policy continuing and a new US fiscal package on the way.
Two way risk still present
Our multi-asset base case is of a strong economic recovery into 2022 but concern over rising virus numbers or vaccine disappointment could spark further corrections along the way.
The views expressed are the author’s own and do not constitute investment advice.