Perception vs facts
Investors are currently extremely cautious and very strongly favor the sovereign bond markets to the equity markets’ expense. Concerns over global economy, aggravated by the geopolitical tensions (US / China, Brexit, Iran, ...) explain the investors’ extremely cautious positioning. The policy uncertainty is now at unprecedented levels and can bias the analysis of the current situation.
At Seeyond, we believe that at times when sentiment and psychology take a prominent place in investor behavior, it is more important than ever to analyze the economic and financial environment rationally and objectively. That’s what we do using our proprietary models…
Our full analysis of the current market configuration is available: Here