All Emerging Market articles – Page 29
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White papersECB QE Monitor - October 2020
The ECB’s balance sheet is now equivalent to 56% of euro area GDP compared to 39% at the start of the year.
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White papersThe Pandemic Productivity Shock
Lockdowns will trigger cost cutting and speed technological innovation, but brace for the political tremors.
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White papersOvercoming underwriting obstacles in a pandemic and beyond
The near-term disruption caused by the coronavirus has been testing for real estate borrowers seeking finance and originators. Gregor Bamert explains why new deals are still possible for those able to look through short-term uncertainty.
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White papersBuilding ESG momentum in US equities
US ESG (Environmental, Social and Governance) investors are increasingly likely to benefit as the country’s companies close the gap with best-in-class global companies on ESG disclosure and performance. The trend towards ESG in the United States is being driven by asset owners demanding ESG integration into corporate business strategies, investors using it as a source of alpha1, and regulators looking to formalize ESG into its rules and protocols.
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White papersWhat you need to know about the 2020 US presidential elections
The US is just three weeks away from a presidential election with potentially major repercussions for economic policy in the US and further afield. Daniel Morris, chief market strategist, and Mark Allan, US economist, review the key points.
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White papersWhy traditional balanced portfolios will not deliver attractive returns
The Covid-19 crisis turned the world on its head, creating major challenges for investors.
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White papersHow Covid-19 will reshape the world and investments
Every global shock leaves a legacy. The hyperinflation and labour unrest of the late 1970s and early 1980s, for instance, gave birth to Reaganomics and Thatcherism while the 2008 credit crisis ushered in an era of ultra-low interest rates that persists to this day.
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White papersA new world order: US and China battle for tech supremacy
One world, two systems? From semiconductors to artificial intelligence, China is loosening the US’s grip on the global technology industry. It is a development that investors view with a mixture of hope and trepidation.
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White papersAsset class return forecasts: the winners of the next five years
It gives me great pleasure to introduce our 8th Secular Outlook, which explores the trends we believe will have the greatest impact on financial markets over the next five years. Readers won’t be surprised to learn that this edition has been the most difficult of the eight to produce.
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White papersA Civil Vice Presidential Debate Has Little Impact On The Race
Vice President Mike Pence and Senator Kamala Harris met yesterday in their one and only Vice Presidential debate in Salt Lake City. This was the second most important milestone in the 2020 Presidential election, and early indications on the morning after the debate is that it did not change the trajectory of the race that has moved decisively in favor of former Vice President Biden.
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White papersThe case for EM single country allocation post-pandemic
As businesses adjust to the new “normal,” we believe the case for international markets is, once again, strong.
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White papersPolitics, economics and a pandemic: Equity markets under pressure
September saw profit-taking on equities amid investor concerns over COVID-19 as well as economic and political uncertainties. After rallying for five months, global equities fell. Further fiscal support measures are taking shape, but only slowly, leaving central banks to lobby for more haste.
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White papersPresident Trump’s positive COVID-19 test shakes up election, markets
President Trump announced in a tweet shortly before 1:00 a.m. on Friday October 2nd that he and the First Lady of the United States (FLOTUS) tested positive for COVID-19. We look at the potential repercussions from this dramatic news in this Q&A.
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White papersIs France still on track to reduce its competitiveness gap vs. Germany?
Germany clearly outperformed France on most macroeconomic metrics in the last two decades. Yet France has implemented many supply-side reforms since 2014. Despite the larger damage taken by France from the current Covid crisis, the lagged effect of these reforms can still help reduce the competitiveness gap with Germany after a few years. However, a key driver of medium-term relative performance will also be how both economies adapt to major “disruption”-related sectoral challenges.
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White papersJapan: Policy continuity expected under Suganomics
Striving to consolidate power with a snap election, Mr. Suga vows continuity of Abenomics and hints at additional fiscal stimulus. Domestic politics aside, we expect global factors and positioning to play a key role for Japanese equities and currency.
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White papersMacroeconomic picture - October 2020
Q3 economic rebound exceeds our expectations on GDP, prompting an upside revision to our August forecasts. Yet, the deceleration in late Q3 of several indicators is keeping us from extrapolating Q3 momentum into Q4. After some softening in 2020 H2, headline inflation will move along a gradual upward trend, stabilising around 2% from mid-2021 with possible temporary overshooting. As November 3 approaches, policymakers’ focus is shifting, with an increased risk that 2020 fiscal policy will become more diluted than expected, and with little visibility on the Phase 4 deal in particular.
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White papersHow to Repair America’s Brand
A country that seems so divided—even discounting for a heated election and a pandemic—starts to raise questions for global investors.
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White papersAdvantage Biden after the first Presidential Debate
President Donald Trump and Former Vice-President Joe Biden met yesterday in their first Presidential debate in Cleveland, Ohio. This was an important milestone in the 2020 Presidential election, and the early indications on the morning after the debate are that it has changed the trajectory of the race in Biden’s favor. For Trump, it was one of his few opportunities to change the narrative of this election and define Biden.
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White papersOutlook and Implications for the Upcoming US Election
What potential election outcomes could mean for the US equity market.
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White papersNo Debating the Economic Recovery
U.S. personal income fell in August as the extra unemployment benefits ended while consumer spending rose. Eyes are on the China Services PMI, which will be released next week, and chances of a new fiscal stimulus package ahead of the election are still alive, for now.
