Excerpt-2022 4Q Market Outlook

德林控股集团有限公司

Abstract:

In our 4Q outlook, we will review the impact of major events in the third quarter and provide our forecasts for global markets in the fourth quarter.

The prolonged warfare between Russia and Ukraine, coupled with extreme weather conditions has exacerbated the energy and food crisis in Europe. Broadening inflationary pressure from food and energy to shelter, medical and services on the back of a historically tight labor market has accelerated the pace of rate hikes in the US. Market volatility was elevated by a spike in global bond yields and rising risk aversion amid cautious earnings outlook of global mega corporates.In terms of portfolio strategy, we suggest investors staying defensive. Fixed income allocation should keep duration short-to-medium with overweight in investment grade (IG) bonds. Equity allocation should seek a balance between growth and value and look for quality assets at attractive valuations. At the same time, we stay overweight cash / liquidity for further allocation when asset prices reach undemanding to distressed valuation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BlueDaisy
2022-10-10
BlueDaisy
Thanks for sharing
EdGan
2022-10-20
EdGan
Ok
Greg2021
2022-10-20
Greg2021
thanks
DaveNg5144
2022-10-20
DaveNg5144
Ok
jat
2022-10-20
jat
[Like]
FALCON
2022-10-20
FALCON
ok

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