Fireside Friday with… Pictet Asset Management’s Luca Paolini
The TRADE
AUGUST 2, 2024
The next five years will deliver an economic environment that will alter the dynamics of equity, bond and foreign exchange in several ways. On a trade-weighted basis, we expect a decline of some 2% per year through to 2029. Over the short run, markets are more volatile than is warranted by underlying economic conditions.
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