“Outlook 2019: Rising above the business cycle”

PineBridge

“Outlook 2019: Rising above the business cycle”

One of the defining characteristics of the current business cycle – other than its close-to-record length – is the volatility of global macroeconomic conditions. The specter of disruption is now more real than ever, regardless of the source – geopolitics, technological innovation, or business investment. These dynamics are leading to rising dispersion among assets, underscoring the need for investors to be highly selective.