As the global economy continues to muddle through, the days of easy monetary policy may have peaked – along with the period of ultra-low yields. We may begin to see changing policies as central banks re-evaluate, which could lead to jittery markets says Hans-Jörg Naumer, Global Head of Capital Markets & Thematic Research with Allianz Global Investors.
Although the volatility index has remained relatively flat this year, Hans-Jörg Naumer, Global Head of Capital Markets & Thematic Research with Allianz Global Investors, says looming political risks, divergent monetary policies and low global productivity should give investors pause. At the same time, central banks are extremely accommodative and the global economy is continuing its strong recovery.