The Italian Chamber of Commerce, in collaboration with Julius Baer, is happy to invite you to our first seminar in 2019.

From historically low levels of volatility and spectacular performance across risk assets classes in 2017, 2018 has seen a significant reversal. Key concerns on the US include the tightening bias of the Fed as well as question marks over whether the US corporate cycle has hit peak earnings growth. Across the Atlantic, rising intra-EU political tension and the phase-out of the ECB bond-buying program have pushed most Euro indices to double-digit losses for 2018. Outside the developed markets, the strengthening dollar has hit the emerging markets hard in 2018, a trend that had often been repeated in previous bear markets in the emerging world.

Finally, how can we not mention the elephant in the room – US/China relations – that have dominated headlines and pressured markets and sentiment throughout the year? In the face of rising volatility and geopolitical uncertainty, are there any bright spots we can take comfort from? How should investors be positioning themselves for 2019 and beyond? Join us at the lunch event on 11 January to get a view from esteemed speakers at Bank Julius Baer."