The contribution of fiscal policy to global growth is poised to rise, what does this mean for our global economic outlook and portfolio positioning?
Market sentiment towards the Chinese currency has shifted significantly
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.
The bond bear market, continued normalizing of monetary policy and need to finance expanding U.S. budget deficits, long-term rates are set to rise.
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
How will the Brexit negotiations conclude?
The performance of the US dollar significantly diverged from relative rate spreads
Now is an opportune time for investors to reassess whether passive bond investing can deliver on their fixed income allocation objectives.
Dr. David Kelly and Ainsley Woolridge discuss how raising rates from a low level can boost economic growth
Currency movements based onbrexit's outcome.