Weekly Investment Focus

▪ Non-US stock market indices are close to breaking their previous peaks reached in early 2018
▪ Investors have traded fears of recession for the “Fear Of Missing Out”, also known as FOMO
▪ Global fund managers have been adding risk in their portfolios, helping the current equity bull market to accelerate
▪ Most of the themes that have been promoted in recent months are now in the spotlight: enjoy the year-end rally