We are constructive on Chinese equities despite tensions over trade. We see protectionist threats as largely negotiating tactics, while Chinese reforms, a stable growth environment and a solid earnings outlook support equities.
Economic reforms remain critical for emerging economies' attempts to successfully transition from low-wage industrial economies to high-skilled, consumption-based economies.
Italian general elections were held on March 4, 2018. The election results point to a hung parliament, with no party or coalition winning enough votes to form a government.
Check out our primer on the March 4th General Election in Italy to learn about the potential political implications and possible market impacts.
Learn why the current environment may support country investing.
Parsing different yield curve regimes for clues on potential equity returns.
The ETF Investment Strategy surveys key risks around the globe including trade policy, geopolitical tensions and reform efforts.
Learn why the U.S. financial sector may be poised for growth in 2018.
We prefer to take economic risk in equities over credit given tight spreads, low yields and a maturing cycle. We expect increasing profitability to power equity returns, especially in Japan and emerging markets (EM).
The U.S. economy is shifting from reflation to inflation – and we have greater confidence in inflation returning to its medium-term trend and the Federal Reserve’s target. Better wage growth and potential fiscal stimulus should cement this transition.