In a troubling sign for global economic growth, productivity has been in decline for decades. In the first of a special series on productivity, Neil Dwane, Global Strategist at Allianz Global Investors, explores why businesses, governments and investors need to find ways to solve the productivity puzzle.
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.
Fortunate is the financial advisor bullish on US stocks in recent years. But more fortunate will be those who prepare clients for the inevitable market downturn. This is one of most important things an advisor can do says Glenn Dial, Head of Retirement Strategy in the US with Allianz Global Investors.
Defying expectations, markets shrugged off the Brexit vote and President Trump’s election. Yet our research shows a clear link between political uncertainty and lower P/E ratios. As such, Stefan Rondorf, analyst at Allianz Global Investors, says markets will soon reassess political risks.
Now that some of Europe’s most critical elections have been resolved, investors looking ahead to the second half of 2017 may want to redirect their focus. This may be the time to take a closer look at other market drivers like economic growth, rising inflation and global monetary policy says Ann-Katrin Petersen, investment strategist at Allianz Global Investors.
After a strong first half to 2017 for equities, the message for the remainder of the year is to look for returns more carefully in the second half says Neil Dwane, global strategist for Allianz Global Investors. The “country factor” will be key: We believe investors can no longer rely on a rising tide of cyclical data to lift all boats.
Raising the federal funds rate is just one part of the Fed’s plan for higher interest rates. Another part, according to Steve Malin, investment strategist at Allianz Global Investors, is the somewhat tricky process of purging $2 trillion in US Treasury and agency securities from the Fed’s balance sheet.
Why not use summertime to catch up on your reading? Neil Dwane, global strategist for Allianz Global Investors, has a summer reading list that combines engaging narratives with timely insight into investing themes. Among the 12 books listed here, we think you'll find something to enlighten your summer.
Target Date Funds (TDFs) have transformed retirement investing, but the static approach to the glidepath leaves many investors at risk. A more dynamic strategy is needed, and Glenn Dial, Head of Retirement Strategy in the US with Allianz Global Investors, says it all begins with defining what dynamic investing actually is.
With a new majority in the French National Assembly, President Macron has increased the chances parliament will pass his ambitious reforms aimed at labor and economic growth. But France also faces some hard fiscal realities that may take some time to fix.