Macro and Market Perspectives We expect Europe to shake off its current soft patch later this year, getting a boost from China’s stimulus efforts and any resulting rebound in global manufacturing. If the global growth backdrop improves and one-off setbacks
Weekly Commentary We are cautious on U.S. Treasuries in the short term after the recent rally. Yet we still advocate exposure to build portfolio resilience. March jobs growth and a slew of revised data improved the outlook for U.S. first-quarter
House View Q2 2019 According to the IMF, global growth was estimated to be 3.7 per cent in 2018, a similar rate of increase to that seen in 2017. When taken together, the past two years represent the strongest period
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in
Trade disputes and country-specific issues dampen the global growth outlook and lead to elevated volatility in financial markets. Central banks have postponed their expected rate hikes and safe haven investments are moreover benefiting from the threat of a hard Brexit.
Weekly Commentary The path for risk assets to grind higher has narrowed, in our view. We are moderately risk-on but see opportunity to take profits and rebalance. Economic data painted a mixed picture of global growth trends. The 10- year
Cross Asset Investment Strategy Risky assets have been in a very strong uptrend since the beginning of the year. The key question now is, where do we go from here? There are two main driving forces to focus on in
Forex News The latest statements by representatives of the US Federal Reserve mean that we no longer forecast the next interest rate hike for June, but only another hike at the end of the year. Accordingly, we have changed our
Recession risk is muted and high frequency data are beginning to trough. Even then, we expect slightly subtrend global growth in 2019, and although the capex cycle should come off its recent lows we do not see the kind of
Weekly digest There an is old proverb that ‘one swallow does not make a summer’, so what should one read into the dole of doves that flew over Washington last week? Without wanting to lean too heavily towards the US
Digitize or jeopardize Alternatives face disruption, as digitization becomes the North Star of the industry Adoption of digital innovations so far has been a matter of more haste, less speed Alternative investing will shift up a gear, as organic growth
The Federal Reserve inspired recovery in equity markets following the Q4 2018 sell-off, continued through February, albeit on a more mixed and less dramatic basis than January. European equities led the way with a return of 4.1% in euro terms,
Once again, spring is near, a time of growth, renewal and restoration. But with concerns over slowing growth, uncertainty around economic and earnings outlooks, and ever-present U.S.-China and European political risks, investors should be prepared for potential spring storms and
Research & Strategy Insights Equities markets have enjoyed a stellar start to the year with the global benchmark up 9% and cyclical plays outperforming. The risk-on rally contrasts with the slowing macro momentum and earnings outlook. We see an unappealing
Cross Asset Investment Strategy If an investor had woken up today after three months and looked at the markets, he/she could reasonably say that not much had changed. The year started on strong footing and risk assets experienced a massive
Weekly Digest Amidst the recent political and market uncertainty it is all too easy to lose sight of the importance of investing for your long term financial wellness. Sophisticated investors are well versed with the “time in the market not
Weekly Digest Amidst the recent political and market uncertainty it is all too easy to lose sight of the importance of investing for your long term financial wellness. Sophisticated investors are well versed with the “time in the market not
Weekly Digest Amidst the recent political and market uncertainty it is all too easy to lose sight of the importance of investing for your long term financial wellness. Sophisticated investors are well versed with the “time in the market not
Chinese Yuan
The Fed’s Patience Casts a Glow on Credit Markets Amid a backdrop of progress on US-China trade talks, stable or better-thanexpected corporate earnings, and most important, a dovish pivot by the Federal Reserve, the first five weeks of the year
It’s surely a coincidence that the recent market rally occurred during the partial shutdown of the U.S. government. More conventional rally catalysts were the over-sold conditions created by excessive pessimism about growth and a dovish shift from the Federal Reserve.
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in
Weekly Digest Ljubljana, Slovenia had the dubious honour of being the destination for a weekend ski trip for me and a handful of Momentum colleagues. It had been 10 years since I last skied and as I stood at the
Last month the US shutdown came to an end after five weeks. The political turning point was triggered when the closure of a runway at LaGuardia airport (New York) due to a shortage of staff attracted broad media coverage. This
The long view Overdue and not entirely unwelcome: That’s one way to look at the correction in equity markets during 2018. Although swift declines can be unsettling, they have long been part of the investment environment. “The correction was overdue,”
