Balance Sheet Normalization and Trade Are Biggest 2019 Risks, Says Invesco's Hooper

The video discusses two primary risks identified in 2018: balance sheet normalization and trade tensions. Balance sheet normalization has been disruptive, especially in emerging markets, as highlighted by the RBI governor. Trade tensions remain unresolved, contributing to market volatility, particularly in December. The IMF downgraded growth expectations for 2019, affecting both China and the US. Companies report increased input costs and disrupted supply chains due to tariffs and geopolitical issues.

What impact did the IMF's downgrade of growth expectations for 2019 have on market perceptions?

How have tariffs affected companies' input costs and supply chains?