Page 1 - ISQ October 2020
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VOLUME 12 | ISSUE 4 | OCTOBER 2020




        INVESTMENT                                                                        LETTER FROM THE



                                                                                         CHIEF INVESTMENT OFFICER
      STRATEGY                                                                            U.S. ECONOMIC SNAPSHOT
                                                                                         page 2



      OUARTERLY                                                                           COVID-19 360° UPDATE
                                                                                         page 10



                                                                                         page 14







       TRADE, DISPUTES AND

       NOVEMBER’S ELECTION

           page 4





       An Interconnected World
       The US election has ramifications
       around the world.


































          TRADE, DISPUTES AND                  JAPAN: NEW PRIME                     NEGATIVE INTEREST
          NOVEMBER’S ELECTION                  MINISTER, NEW                        RATES: DESIRABLE OR
             page 4                            OPPORTUNITIES?                       LIKELY?
                                                  page 12                              page 17
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