While the biotech sector had long enjoyed investors’ attention, it was never as pronounced as around the time the pandemic was felt around the world. However, as 2022 unravels, so has the interest, with a steady downward trend in stock valuations across the board. The reasons behind the ongoing market… Read More »
■ Since the start of the year, a combination of hawkish monetary policy, the war in Ukraine and the risks from China zero-COVID policies have dragged markets in a ‘Balanced Bear’, with equities selling off alongside bonds. ■ With a worsening growth/inflation mix, inflation expectations have decorrelated from growth pricing,… Read More »
The global crowdlending industry has grown dramatically over the past decade, particularly in the business sector. This method of raising cash, commonly known as peer-to-peer lending, appeals to many small and medium-sized companies who get quick access to cash at favourable rates compared to a traditional bank loan. The UK… Read More »
MSCI is calling for all investors globally to more readily integrate Environmental, Social and Governance (ESG) considerations throughout their investment processes if they are to mitigate the risks and identify the opportunities of a rapidly changing world and contribute to an effective and balanced transition towards a sustainable economy. MSCI… Read More »
We think 2020 will be characterised by muted global growth, a slowing US economy and continued uncertainty about how monetary policy and politics will move markets. Central banks will keep using the policy levers at their disposal to try to spark economic growth, but we question how much room they… Read More »
Philippe Waechter -
Let’s start with the global outlook – are signs on the world economy still as robust as they were? The situation has changed since the start of this year. The world economy was fuelled by faster world trade growth in 2017, but this is no longer the case. Trade momentum… Read More »
The recent and not so recent turmoil in Emerging Markets (EM) can be considered as normal if one is willing to see the United States as an “exceptional” country. The currencies of Cuba and Venezuela have been languishing along with the Russian ruble that has been under attack for years.… Read More »
World growth stepped up a pace in 2017 as a result of a policy mix that was heavily on the side of demand, while effective monetary accommodation worldwide combined with loose fiscal policy to further drive this recovery. This extra demand had a positive impact on manufacturing activity in particular,… Read More »
The tail risk is an escalation in tit-for-tat tariffs between the US and China, that leads to a full-blown trade war. If Trump is applying his ‘Art of the deal’ to trade, then we are likely to see a negotiated settlement. While neither wants to lose face, the objective here… Read More »
Despite ongoing concerns about China’s economy and debt levels, M&G is becoming more optimistic about China amid signs that the government’s recent reforms are taking effect. We are seeing the results of efforts to reduce overcapacity in a range of industries as well as stabilise the financial system. While we… Read More »
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