Tijdens de Investment Outlook 2020 van Fondsnieuws duiden topeconomen en beleggingsexperts het beleggingsjaar 2019. Marieke Blom, hoofdeconomen van ING Nederland, geeft haar economische visie op het komende jaar.
Escalating geopolitical risks and increased monetary easing have elevated both the upside and downside risks for the global economy. As such, it is currently very difficult to determine which force will gain the upper hand. The greatest threat to the
Europe | | 4Q 2019 As of 30 September 2019 A 98 page presentation
Despite an optimistic start to September, mixed geopolitical developments weighed on investor sentiment over the month. Trade tensions between the U.S. and China eased somewhat as September began: China exempted certain U.S. agricultural products from additional tariffs, and President Donald
Looking at the issuance performance so far this year, CEE countries have done a very good job. Several countries have already covered this year’s issuance plan and many others have also reached a high number. Slovakia seems to be lagging
Ben explains why we maintain our underweight on Japanese equities despite their recent rally. Japanese equities have been the star performer since September – rising more dramatically than their global peers in a response to a perceived thaw in U.S.-China
Central banks turn on the taps You wait months for an interest rate cut and then they come along at once. Two so far from the US Federal Reserve with the probability of a third at the next meeting later
Our fourth quarter update looks beneath the surface of debt and equity markets, which until recently have been resilient in the face of rising recession risks.
After the late-2018 swoon in risk-asset prices, the early months of 2019 saw a sharp, steady rise in global equity prices, substantial declines in credit spreads, and lower global government bond yields. While concerns about slowing more aggressive Fed policies
IN BRIEF We believe a well-designed, tailored approach to using ESG factors for active currency management can be a source of added value for clients over the long term. We have designed our ESG approach as a framework that incorporates
US political news and uncertainties related to US-China trade policy continued to dominate headlines in September. Additionally, investors contended with attacks on Saudi oil fields, which led to a sharp, but short, spike in oil prices and turmoil in repo
Over the final quarter of 2019, the tug of war between economic resilience and recession risk is likely to dominate market outcomes and asset allocation decision making. The asset allocation committee outlines its views below. Over the past three months,
We see third-quarter earnings season offering some limited support to U.S. stocks in the near term, as a growth rebound is months away. Kurt explains. Equities have stumbled this month, as weak economic data has revived recession fears. This comes
Political risks and the associated ongoing uncertainties are weighing on the global growth outlook, and central banks have reacted by easing monetary policy further. Financial market volatility should remain high this environment. Growth in corporate profits is lending support to
This quarter’s Outlook is all about how surfaces can hide complexity and opportunity. Record highs and lows in stock indexes and government bond yields inform cautious high-level asset class views. We see opportunities, however, to take advantage of underlying market
Persisting trade war threats sent markets on a roller coaster ride in July and August. On top of trade uncertainty, a mixed picture in global macroeconomic data and a prolonged Brexit impasse led to higher volatility on the stock markets.
Hope and despair continue to struggle for dominance this year. Geopolitical shocks and disappointing macro data are followed by the promise of central bank intervention and improved relations around the world, with investors left wondering where it’s all headed. Our
As expected, US and ECB communications disappointed markets and the ongoing US-China conflict flared once again in August leading to the return of volatility. Long-dated bond yields and equities fell sharply over the month. Pressure on the global economic outlook
The Multi-Asset team’s view on bonds, equities, commercial property and other assets will affect asset allocation over the coming months. When making these asset-allocation decisions, we first consider the outlook for each asset class (e.g. government bonds), followed by views
When contemplating what the final months of 2019 might have in store, we are probably similar to many other investors in feeling somewhat apprehensive, given the challenges we face: trade tensions, slowing growth, policy uncertainty and, of course, Brexit.
Global growth continues to cool under the weight of the ongoing trade dispute between the United States and China. Our central scenario is for growth to muddle along with risks pointed to the downside. Worries about a potential recession in
Mike shares what investors need to know as the final quarter of 2019 kicks off. The fourth quarter of 2019 kicked off with a market selloff and more evidence that a protectionist push is hitting the U.S. industrial sector. How
Investment returns have been strong across the board in 2019 so far. Fixed income asset classes are up around 10%, and equity markets and alternatives have done even better. But it hasn’t felt like a bull market environment for investors
Elga discusses how central banks could “go direct” and use unprecedented coordination between monetary and fiscal policy to deal with the next downturn. This is the fourth and final blog in a series on the topic of “Dealing with the
Protectionist push – The substantial escalation in the U.S.-China conflict – and unpredictability of U.S. policy actions – have injected additional uncertainty into business planning, threatening to weaken economic activity. Market implication: We favour reducing risk, including raising some cash.
The integration of #ESG criteria often has a greater impact for emerging countries. Find out why in an interview with our expert #Karine_Jesiolowski (via @allnews_ch).
Fresh #StarkieBlog! https://t.co/YZrzQpIlIQ
Low interest rates drive housing market -> https://t.co/XjhuRim2P7 #Interest #mortgages via @ABNAMROeconomen
