The reality—or the specter—of ultra-low or negative interest rates, and the journey to them, involves broad impacts on asset classes, particularly alternatives.
We are upgrading our view on equities to reflect early signs of an upturn in macroeconomic data, falling recession risk and an increase in the chance of at least a limited U.S.-China trade deal.
We may not be outright US dollar bulls, but fundamentals and quantitative valuation factors both suggest that investors are currently too negative on the currency.
Top questions on the minds of investors with answers from our team of Global Market Strategists.
Timely economic and market insights for Asia countries
Armageddonists and the portfolio cost of fear, 2010-2019
We emerged with a cautious near-term view from our latest quarterly strategy meeting in early September. In our base case scenario, the global economy is expected to narrowly avoid recession and continue to grow, albeit much more slowly.
Core bond yields have pushed higher since the end of October. Is the move warranted by a shift in the fundamental picture, and where could we go from here?