Investors need to brace for higher volatility, lower returns in 2020: UBS

Stepping into 2020, and a new decade, investors will have to brace for higher volatility, lower returns, technological disruptions, and much more. Here are the brokerage's five key predictions for next year and the next decade:

5 predictions for 2020

Gold to outperform: Gold’s good run to continue. It should outperform more cyclical commodities, says UBS

Dollar to weaken: US dollar to weaken and higher-yielding currencies will do well

US-related uncertainty: Because of US presidential election and trade negotiations, uncertainty will be higher. Investments less exposed to the outcomes of political choices should be preferred

Dividends and quality:  High-dividend paying and quality stocks will do