The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.
– Jerome Powell
One of the biggest challenges of every investor is to put the macro events together for finding an investment thesis. Regardless of what you trade – stocks, indices, bonds, currencies, the macro factors influence all markets.
Investing isn't local anymore. Changes in the economic outlook in other parts of the world have a profound impact locally.
With one month until the end of 2019, it is worth having a look at the current macro picture