Market outlook
-
U.K. election ends in dismay: what happens now
Following the U.K.’s general election, a hung parliament renders the country’s politics—and economy and markets—into a veritable choose-your-own-adventure book. See the implications for investors now.
Read more -
U.S. payrolls: one for the doves, but we still expect a June rate hike
See why the May nonfarm U.S. payrolls report was one for the doves, though it was not sufficiently weak to cause the Fed to take its foot off the gas pedal.
Read more -
Victory for Macron, but challenges ahead
Even if the Front National does not win a significant number of seats in the upcoming National Assembly elections, Le Pen will likely manage to shape and direct political discourse from the sidelines.
Read more -
Secular stagnation-not dead yet
Investors have become more bullish about economic growth, inflation, and interest-rate projections. See why we think the anticipated magnitude and timing of this upturn is too optimistic.
Read more -
Time remains in this market cycle, but expect muted returns
The art of asset allocation resides in maintaining globally diversified exposure across capital markets—finessed by favorable relative calls on the margin. See where we’ve leaned in—and lightened up.
Read more -
Hard Brexit is better than no deal
British Prime Minister Theresa May triggered Article 50 on March 29. See why a U.K. departure from the EU remains a risk many investors are monitoring closely.
Read more -
Another pivotal year of European elections
U.S. political risk isn’t the only threat to the global economy right now. See why the behavior of policymakers and voters across Europe will have major implications for investors in 2017.
Read more -
Mind the market rotation
We’re inclined to tilt more toward stocks and less toward bonds in a globally diversified portfolio. Emerging-market equities, in particular, offer attractive risk-adjusted return potential.
Read more -
An uptick in market sentiment calls for cautious optimism
While Election Day in the United States has come and gone, extreme economic uncertainty accompanies this particular transition of power. See why we expect key unanswered questions to persist.
Read more -
The Federal Reserve is not as hawkish as it might appear
Despite raising interest rates at its December meeting, the U.S. Federal Reserve has not suddenly become hawkish, and its policies continue to reflect its expectations for modest economic growth.
Read more