and limited interest rate rises are normally an ideal combination for financial assets.

Right now, however, it is hard to find an asset class that looks cheap, by historic measures.

That does not mean, however, that it is time to get out of the market now.

We are not seeing the typical science for the catalysts that starts a substantial market correction.

We focus on attractive dividend yields, attractive business models, and attractive markets.

And we do so globally.

We use market corrections to build our positions

on the back of a solid economy and expected earnings growth in 2017.

For bonds, we prefer short maturities, we favor sovereign bonds from the European periphery and emerging markets,

as well as corporate bonds by US and European issuers.

We continue to recommend a broad diversification across asset class and geographies,

while managing the portfolio actively.

Discover more at deutscheam.com