Annual Outlook 2020: a state of disunion

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PwC’s Alexis Crow explores the opportunities for long-term investing and capital allocation in key markets and sectors for 2020, and beyond.

What are the key macroeconomic and geopolitical risks for 2020? Given a heightened sense of uncertainty, where should investors and executives look to allocate capital? And in what sectors?

In our Annual Outlook 2020, we highlight several key vulnerabilities rippling beneath financial markets - including non-financial corporate debt in some advanced economies, and continued weakness in the European banking system. And in an age in which the future of capitalism is called into question, we explore the relationship between income inequality, the decline of purchasing power, and populist politics.
Finally, we identify Portugal, Colombia, and Singapore as three markets ripe for investment and capital allocation, across sectors of growing demand, in the new, services-oriented economy.

About PwC’s Cornering the globe publication series

Cornering the globe is a publication of PwC’s Geopolitical Investing practice, and is intended to highlight key issues our clients should be considering as they think about expanding into global markets. At the macro level, long-term economic and demographic trends indicate an abundance of opportunities to profit and expand in emerging markets. However, the risks of doing business in these regions—such as exchange rate volatility, political uncertainty, meeting the skills gap and shifts in tax and regulation—often hamper decision-making, forcing companies to react to events, rather than prepare for change and capitalize on potential dislocations.

By critically assessing key geopolitical issues that impact our clients, we provide insight into the ways in which companies can build capabilities to weather political and economic change in their foreign operations. Our Geopolitical Investing team combines rigorous insight into the key macroeconomic and geopolitical issues facing business leaders today with deep industry and sector expertise, helping companies to strategically allocate capital to grow specific business units or assets in markets around the world.

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Dr. Alexis Crow

Dr. Alexis Crow

Lead, Geopolitical Investing practice, PwC US

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