“As major central banks have already eased significantly, we believe they are likely to either leave policy as is or possibly ease a little further. The focus is likely to shift to fiscal policy where government spending in both major emerging and developed markets could turn increasingly supportive of growth. “This will help equities outperform bonds, ” explained Steve Brice(pic), chief investment strategist at Standard Chartered Private Bank.
KUALA LUMPUR: Equities are going to outperform bonds over the next six to 12 months, and this will be led by the US and eurozone, according to Standard Chartered’s wealth management advisory in its 2020 outlook report entitled “A balancing act.”
Financial markets are likely to face a balancing act in 2020 against a backdrop of stabilising growth and supportive policymakers.
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