December 4, 2019

In 2020, stocks won’t see the returns investors enjoyed this year, according to Credit Suisse and UBS Asset Management.

But markets should still be resilient, Credit Suisse said. The investment bank’s chief investment officer, Ray Farris, told CNBC on Monday that Credit Suisse projects average returns of 6% for U.S. and Asian equities, barring any developments that could affect the forecast — such as U.S.-China trade.

In a briefing on Monday, UBS predicted a shift to a “more active” fiscal policy — from the current predominantly monetary stance — from next year, which could potentially drive up yields.

Read more:

https://www.cnbc.com/2019/12/04/investing-credit-suisse-and-ubs-investment-picks-in-2020.html