Webinar – Recovery, diversification or both? Recent events have driven the Norwegian Krone to its lowest rate against the Euro since 2008. Recovery after market turmoil often brings opportunities. Join Lars Andreas Løwe Løtvedt, Norwegian Fixed Income Portfolio Manager, to
Russ discusses the importance of keeping perspective as we face an unprecedented crisis. “The habit of despair is worse than despair itself” Albert Camus There is no precedent, at least not in modern times, for what is happening. Beyond the
Mike explains why it may be prudent re-balancing your portfolio – outside the usual calendar – after the recent market turbulence. Fears of the coronavirus outbreak and its economic toll have triggered drastic market moves in recent weeks. As a
Insights – Global Macro Trends Without a doubt, 2019 was a year to remember; the question, though, is for what? On the one hand, the glass half empty community may want to point to the record level of global consternation,
Capital market assumptions Twice a year, we conduct an extensive update of our five-year return forecasts. The purpose of this exercise is two-fold. First, taking a longer-term perspective helps set strategic asset allocations and design portfolios for diverse investment goals.
2020 Outlook We think 2020 will be another year of slow growth – durable enough to avoid recession but disappointing to those looking for improvement. The combination of moderate growth and technological innovation will continue to suppress inflation, bolstering the
The rapid spread of the new coronavirus and the oil-price war have prompted us to revise the 12-month forecasts formulated in mid-February. In particular, we reduced the growth-rate forecasts for the United States and Europe and adjusted the yield and
The 2002-2003 SARS outbreak framework that most, including ourselves, were drawing upon to anticipate the trajectory of the COVID-19 coronavirus outbreak requires an adjustment following the failure of authorities to contain the contagion to the Asian continent. While an extended
March 2020
A déjà vu of 2008 in markets lately? Mike explains why we think the coronavirus shock should not spark a 2008-style crisis. The coronavirus outbreak is set to deliver a sharp and deep economic shock – akin to that of
– For the month ended February 29, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 1.80%. Year to the date, the index has returned 3.76%. – U.S. Treasuries returned 2.65% during the month as the yield on the 10-year
BMO Fixed Income For the month ended February 29, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 1.80%. Year to the date, the index has returned 3.76%. U.S. Treasuries returned 2.65% during the month as the yield on the
Emerging markets give many investors cold feet. On our latest podcast, EM equity pro Gordon Fraser discusses whether now may be time to warm up to the elusive asset class. Emerging markets (EMs) are largely unfamiliar territory for U.S. investors
Weekly commentary The coronavirus outbreak has altered market dynamics since late January. One example: Quality has posted more muted gains after strong outperformance in late 2019. We stand by our tactical views on factors for now, including a modest overweight
Mounting economic and political uncertainty in 2020 is likely to create a backdrop of short-term headwinds for banking and capital markets (B&CM) mergers and acquisitions (M&A). 2019 closed with record-low US unemployment, an all-time-high stock market, and considerable available capital
Investors’ Outlook There was a High Noon moment mid-2019 when the US Federal Reserve’s intrepid marshal Jerome Powell drew his liquidity gun. This surprised the Good, the Bad, and the Ugly all around, and had financial saloons buzzing in anticipation
2020 Outlook 2020 will be another uncertain year. Brexit will rumble on, bringing further volatility and polarising the UK political dialogue; China and US relations will remain tense and concern markets, despite a possible partial trade deal being secured before
Investment Outlook Smart investors know that market returns are often independent of the economy. Although an economy with accelerating growth is generally good for stocks, an investor can realize positive returns in other environments. 2019 is a case in point.
Market Outlook – January 2020 Easing global policy concerns (Brexit, US-China tensions) coincide with bottoming trade and manufacturing data, but new tension in the Middle East are likely to dampen the sentiment. Some good news are already discounted by financial
Compass 2020 Outlook Signing off 2019 and ushering in 2020 As the world economy revives unsteadily from its latest swoon, we use this edition of Compass to discuss both what happened in 2019 and some things to think about for
Investment outlook 2020 The past year was one the best of the decade-long bull market, after a dovish central bank policy shift prompted investors to price out recession risks, and receding trade tensions bolstered sentiment. For the coming year, we
Outlook 2020 After years of positive and predictable growth, the outlook for the global economy became far more challenging in 2019 (see chart). The range of potential culprits for the caution include trade wars, political and social instability in Europe,
Global Outlook For investors, last year was a heady mix of trade wars, Brexit upheaval, economic pessimism, historically low interest rates and positive, but volatile, markets. It’s therefore reasonable to ask – are we in for more of the same
Capital Markets: Observations and Insights Many people view the 2020 U.S. presidential election as the biggest and most important election in a century. So then it must be immensely important for the stock market’s subsequent performance, right? No, not in
Multi Asset Monthly Economic Outlook Although the trade truce and the recent stabilization in manufacturing data have reduced recession risks, it is still too early to give an all-clear signal. Tail risks may have been reduced, but they have not
USD: No sustained trend visible -> https://www.opiniopro.com/2020/04/erste-group/usd-no-sustained-trend-visible/ #currency #fx #interestrates via @ErsteGroup
Tackling The ‘Unknown Unknowns’: How Active Managers Manage Unforeseen Risks -> https://www.opiniopro.com/2020/04/columbia-threadneedle/tackling-the-unknown-unknowns-how-active-managers-manage-unforeseen-risks/ #active #passive #COVID19 #fundmanager #ETFs #behavioural via @CTinvest_EMEA @CTInvest_US
Policy Tries To Keep Pace With The Pandemic -> https://www.opiniopro.com/2020/04/northern-trust/policy-tries-to-keep-pace-with-the-pandemic/ #CoronaCrisis #COVID19 #EmergingMarkets #debt via @NorthernTrust @NTInvest
Which financial assets are well positioned and which ones are at risk as policy-makers brace for major COVID-19-induced demand shocks? Find out more in this piece.
‘Whatever it takes’: Fiscal Edition -> https://opiniopro.com/2020/03/ubp/whatever-it-takes-fiscal-edition/ #CentralBanks #china #coronavirus #credit #crisis #ECB #fiscalpolicy #fomc #COVID19 via
@UBP_Group
