December 22, 2020—Throughout 2020, European leaders, including UK leaders, have been developing a fiscal framework for accelerating the region’s emergence from the COVID-19 recession. At the same time, they have been laying the groundwork for a “Green and Digital Transition”, which they view as a foundation for longer-term economic growth.European politicians often speak about defending and promoting “European values.
December 18, 2020—It has become cliché to point out that the year 2020 defied all expectations, including those of most investors. So, it is with humility that we revise our financial market expectations and portfolio asset allocations heading into 2021. There has been a divide between the economic trajectory—which has been languishing—and a stock market that continues to make new highs.
December 15, 2020—Technology companies were the undisputed darlings of the equity market in 2020, benefiting from a structural acceleration of technological adoption that resulted in strong organic growth in a weak economic environment.