ACWI - Gauging Deglobalization: How To Identify Geopolitical Disconnects
Catherine Kress: Markets are sending pretty mixed signals. At the end of 2018, we saw a downturn, yet in the first half of 2019, we've seen the stock market rally against a backdrop of incredible volatility in the international environment.
This geopolitical whiplash looks set to continue with the 2020 elections in the US in full swing, a Brexit deadline postponed to October, trade disputes ongoing in almost every world region, and tensions building in the Persian Gulf. This wide range of unstable situations leads us to believe that trade tensions and broader geopolitical concerns