Last week we concluded our quarterly tactical asset allocation review and set our investment positioning for the quarter.
The past few months' economic data was stronger than expected, supporting the case of a V-shaped recovery. Pent-up demand with consumers and unprecedented support from governments and central banks have fueled an impressive rebound in numbers, ranging from retail sales to home buying to automobile production. The current economic activity indicators, which comprise a multitude of such high-frequency data, clearly illustrate that.
Read on in the attachment by downloading the LGT Beacon
To subscribe to a weekly newsletter, go to subscriptions.
Note: The next edition of the LGT Beacon is scheduled for October 2020.