Weekly Investment Focus

Headlines
▪ 2019 will have been a year of good performance, if investors were not in cash
▪ Our forecasts will have paid off, although we underestimated the positive impact of monetary policies
▪ In 2020, the main risks will be the relatively high valuation of assets and political events
▪ It’s time to look at high-returns assets, as well as targeted themes and strategies
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