Even as 2019 barrels towards a year-end record, some Wall Street strategists are looking ahead to see what might be in store for investors next year.
On December 17, Morgan Stanley Wealth Management released a list of the top 10 geopolitical risks that they see looming over the market in 2020. The risks are “keeping us awake,” wrote a group of analysts led by Scott Helfstein.
The list spans a wide range of geopolitical events that the strategists will be watching in 2020. The report also included Morgan Stanley’s past predictions as well as how many came true. In 2019, three forecasts turned out to prove important for markets, the analysts wrote.
Those were escalating trade conflicts weighing on margins and sentiment, lower oil prices fueling the “100 Years” Middle East war, and political regimes in the most important capitalist countries coming under pressure.