Vescore Global Market Outlook October 2019

The fundamental economic market environment at the beginning of the second half of the year is marked by greater appetite for risk among market participants. After suffering a noticeable setback in May, global equity markets recovered significantly in June. The latest edition of the Vescore Global Market Outlook gives an estimate of quantitative models.

There are signs of a shift in the relationship between the economy and monetary policy at the start of August: While sentiment had been dominated by hopes of monetary easing in the first half of the year, investors are now focusing on the US trade conflict and the more downbeat global growth forecasts.

The market environment is defined by political upset and tensions. Meanwhile, fundamental/economic asset pricing is still intact.