FLMNF - Review Of The Current Investment Landscape - 2019 Edition

It may seem counter-intuitive that during a year in which the world economy recorded its weakest performance since the global financial crisis, asset prices delivered fantastic returns across the board.

Somewhat ironically, today’s situation is the exact opposite of the one we described about a year ago, when describing the investment landscape. Back then, macroeconomic indicators, especially in the U.S., continued to post fairly strong readings; while the normalization of the unconventional monetary policies of the past decade was arguably the biggest concern on investors’ minds, which prompted a sharp decline in asset prices