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4th Quarter 2019 Knowledge College – 2020 Outlook
- Heading into 2020, several asset classes hit new all-time highs with valuations approaching similarly full levels.
- Can trade wars, or even war finally derail markets moving higher, will a contentious election prove impactful in the U.S.? Does the Fed’s more accommodative reversal in 2019 mean we’re back to the races?
- In the following sections, we break down the primary drivers to asset prices, discuss our updated outlook for long-term returns and pull out key themes investors should consider in 2020.