Manulife Inves… - Wed, 07/19/2023 - 12:10

Q3 2023 Global Macro Outlook: The long and winding road


Resilience has always been viewed as a good thing. As asset allocators, it's our goal to construct portfolios that can withstand market events and do well in economic downturns. In this instance, however, resilience may not actually work in investors’ favor. The unexpected economic strength on display could—ironically—delay the path to recovery.


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