Investors scanning the risk universe observed traces of volatility in February and then calm skies until the end of the third quarter. The scenario has changed, with equity markets flaring in October and November.
Seasoned asset-gazers may not be surprised – in our view, market pressures have been building for some time amid slowing growth and trade tensions – and we continue to recommend that investors consider the full gamut of risks and commit to a long-term view as they chart a course ahead.
