The sovereign debt wave is at a historic peak and appears to continue growing. With higher inflation and reduced liquidity some countries will be able to continue to issue debt easily, while some will not, notes Franklin Templeton.
Kim Catechis, Investment Strategist, Franklin Templeton Institute says "We observe that the sovereign debt...
Global investment grade bonds are back, with quality issuers offering opportunities for investors to diversify portfolios and realise the potential for attractive returns.
After last year’s sweeping sell-off, analysis of corporate fundamentals is returning to centre stage and investment grade bonds are set to resume their historical position as resilient...
From Seema Shah, Chief Global Strategist, Principal Asset Management
For months, many leading indicators of economic activity have been signaling a future recession. The full effects of policy rate hikes are only now just starting to emerge, and should increasingly impact the real economy in coming quarters. While current economic...
PGIM Fixed Income Co-Chief Investment Officer Gregory Peters and Senior Portfolio Manager Michael Collins recently shared their views on uneven global growth potential, inflation concerns and fixed income opportunities that show promise amid current conditions.
Uneven and Asynchronous Global Growth. The global growth outlook continues to show signs of weakness but...
On June 12, the U.S. Bureau of Labor Statistics reported the latest Consumer Price Index for All Urban Consumers (CPI-U) in June. The CPI rose 3% in June from a year ago, the slowest rate in more than two years.
Richard Rauch, Investment Director at Brandywine Global says: “We were...
Bonds today provide a sensible option to the dilemma facing investors — what to do as markets ricochet between hopes of a soft landing and concerns of a recession? After a rough 2022, fixed income is back to fulfilling its role as a source of stability and diversification.
Meanwhile, the...
The following markets commentary has been provided by Federated Hermes, including comments on the global commercial property market.
Lewis Grant, Senior Portfolio Manager for Global Equities at Federated Hermes Limited:
With the exception of the handful of names benefiting from the AI-opportunity/hype, equities have been in the shadow of fear for...
Global Investment Outlook from Franklin Templeton
Fixed income deserves a good deal of attention—delivering income is back.
Diversification and income may be enough motivation to move some holdings further out the US yield curve.
Equities should benefit from a taming of inflation and earnings optimism.
Following consecutive quarters of...
Following yesterday's RBA rate pause, Mutual Limited CIO Scott Rundell shares his post mortem:
RBA July 2023 Monetary Policy Decision – a pause for reflection at 4.10%
Upon consulting the monetary policy runes and undertaking a reading of the chicken giblets, the RBA elected to leave cash rates unchanged today. The...
As interest rates around the world continue to rise, the attractiveness of fixed income investments has become increasingly compelling, and bonds now offer far more attractive yields than they have in many years.
As the broader economic outlook remains challenging, how do investors take advantage of this to maximize return...
