Defensive diversification – a bulwark against shifting sands
As we look back on the third quarter of this year, our H2 2026 Global Market Outlook “Navigating shifting sands” has proven to be more than just a metaphor. It has been the defining characteristic of the investment landscape. Economic data released of late has indeed been highly volatile. The U.S. nonfarm payrolls missed estimates in June, only to surprise significantly to the upside in August.…
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