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BTAL - Risk Managed Portfolio - December 2019 Update
AGFiQ U.S. Market Neutral Anti-Beta Fund
Introduction
It has been a challenging year for the global economy in 2019, and 2020 is not shaping up to be much, if any, easier. We project global GDP growth will be 3.0% this year, which would be the slowest pace of growth since the global recession of 2008 and 2009. For 2020, we do not expect any firming in activity, but rather expect global GDP growth to hold steady at 3.0%. Several factors—by sector, industry and geography—are combining to restrain the performance of the global economy.