Worst quarter in several years in Q4
Fell by $4trn since January 2018
QE expected to finish at year end
The European economy has proved a major disappointment this year. Investors started 2018 full of optimism.
Fixed income investors could face a challenging end to the year, as the combination of shrinking central bank balance sheets and still solid growth data could be a headwind for bonds.
Navigating a volatile market
Rate rises will be slower than predicted