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Market outlook March 2019 - A bear market is well contained

As we enter March, we are maintaining a moderate overweight in equities, an underweight position in global bonds and a cyclical tilt in our portfolio. The macroeconomic situation has remained relatively unchanged since the last market outlook, but we are seeing signs that China is stimulating the economy through the credit channel. In addition, we have received further confirmation that the central banks are responsive to a negative growth development, as they are communicating a slower tightening of the monetary policy than they did in 2018.

» Read our market outlook for March

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DNB Luxembourg has provided private banking and investment advice to customers in Europe for more than twenty years. We have in-depth knowledge of local markets. Our banking operations are based on Norwegian values and experience dating back to the establishment of the bank in 1822.

Luxembourg is the largest private banking and financial market in the EU, the second largest investment fund management market globally after the US and  the world’s ninth largest financial centre. Luxembourg is an international hub with outstanding investment conditions and a safe background.

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