The world economy has grown tremendously in the last 100 years driven by multiple factors such as population growth, technological advancements and rapid urbanization, not to mention a healthy dose of inflation (with exceptions) throughout the time. We expect the global economic growth to slow down not temporarily but in a more permanent fashion moving forward as these factors are changing.
Investors would benefit from adjusting their portfolios accordingly and allocate more of their portfolios towards defensive positions and keep their cash reserves growing in case better buying opportunities arise. Let's discuss some of the