Insights

“Despite a strong 2019, our macro models suggest that there is still an upward bias to risk assets in 2020, driven by accommodative central banks, low inflation and modest earnings growth,” McVey says :“However, cash flow, cash flow conversion, book value growth and return on capital will all matter much more to performance in 2020 than during the past few years.” Specifically, McVey and his team note the following insights for investors to consider as they look ahead in 2020.…

July 2020 – By Mc Kinsey’s Global Economic Intelligence (GEI) Authors, Alan FitzGerald, Krzysztof Kwiatkowski, and Sven Smit The US economy experienced a record-breaking GDP contraction of –9.5% (year over year) in the second quarter of 2020 (–32.9% annualized). Many analysts expect positive growth in the third quarter, stemming from partial reopening, but a continued surge of COVID-19 cases could halt further expansion. In terms of pandemic control and recovery, the eurozone occupies a position between China and the United…