All Global articles – Page 69
-
White papersMacroeconomic Picture - November 2022
United States: We cut our growth expectations on the back of tight and fast monetary policy action. We call for an extended period of sub-par growth for 2023-24, with increased downside risks from H2 2023.
-
White papersMarket Scenarios and Risks - November 2022
We maintain the probabilities of our scenarios unchanged. Some of the risk factors we identify may occur in our central scenario, which is probably not yet fully priced-in by markets.
-
White papersCOP27: A Chance to Reset
Broken promises, fraught debates and a dire economic and geopolitical backdrop are precisely why we believe COP27 is so important.
-
White papersAsset Class Returns Forecasts - Q4 2022
We reiterate the main driver affecting the current and forward-looking macro environments is a combination of sustained inflation, mounting recession fears and geopolitical developments. Price stability has become the paramount goal and even more complicated to reach, therefore CBs will make sure high inflation will not be entrenched in economic agents’ long-term expectations.
-
White papersCross Asset Investment Strategy - November 2022
Tightening monetary policy and slowing economic growth lead us to keep a cautious stance on risk assets, in light of potential liquidity and refinancing issues, particularly in low quality credit. We prefer US IG (over HY) segments and selectively like EM hard currency debt.
-
White papersHow do you compare to your peers on your ESG journey?
In late 2021, we conducted our Think EQuilibrium study of 700 institutional asset owners across more than 20 countries to gauge their beliefs and actions around ESG integration, climate risk, social investing and diversity, equity and inclusion (DE&I).
-
White papersNot a Pivot
Inflation is resilient and rates keep rising. Our central Stagflation Shock scenario, with persistent inflation and slower growth, continues to play out, though there is mounting evidence inflation may be resistant to policy tightening. Smaller hikes would indicate success, not a pivot in central banks’ resolve.
-
White papersNew reality for investors: 5 big trends changing markets
There’s a new reality taking shape in global markets.
-
White papersAfter a Terrible Year for Markets, What’s Not Priced In?
It’s more or less clear where investors think the world is headed, but they are surely missing something.
-
White papersDespite headwinds, ESG continues to perform
The latest research from the Global Equities team at Federated Hermes indicates that despite market volatility and the energy crunch, ESG continues to be an effective performance indicator. Our previous research confirmed the link between social and governance factors . In the latest findings, the importance of environmental metrics is evidenced, with the best placed companies performing ahead or in line with peers, while poorly ranked companies tend to significantly underperform.
-
White papersBlue Economy: Because protecting our planet requires a sea change
The decision by the United Nations to dedicate the decade 2021-2030 to protecting the oceans reflects an unavoidable reality: that ocean and maritime pollution is a top priority challenge from an environmental, social and economic point of view.
-
White papersRecession watch: triggers, outlook and what next for central banks
While recession risk is clearly elevated around the world, they are notoriously hard to predict with any accuracy, in terms of timing, duration or impact.
-
-
White papersFour reasons why social investing will be a driver of long-term sustainability
When it comes to environmental, social and governance (ESG) investing, the spotlight has historically shone brightest on the ‘E’ – especially in recent years as attention has intensified on the climate emergency.
-
White papersGlobal Investment Views - November 2022
Central banks (CBs) are trying to work out how far they should go in terms of their aggressive tightening talk. We see four main factors to consider when assessing whether we will see pivots from CBs: (1) The still strong job market does not support a shift in stance from the Fed.
-
White papersNot in Kansas Anymore
Investors navigating daily market volatility must come to terms with rising risks that we are entering a very different world.
-
White papersWhy the Climate Transition Will Reshape the Global Economy: In Graphs
Climate change is one of the greatest risks of our time—and tackling it will likely drive a number of shifts across the world that investors need to understand.
-
White papersHow the Robot Revolution Will Supercharge Productivity (Part I)
What will happen to human roles and employment in this automated future? Which countries or industries will benefit the most?
-
PodcastThe Investment Podcast: Time to allocate to mispriced consumer finance opportunities?
Imagine a new global financial crisis (GFC) materialising every year from here. The market seems focused on the fact that it will get tougher for consumers, and is in some cases pricing in default rates equivalent to GFC levels of stress, for years to come.
-
White papersHigher Prices Haven’t Spooked U.S. Consumers Yet
Solid U.S. retail sales and better-than-feared Q3 earnings suggest slowing but still-resilient consumer spending, which should support core inflation and keep the Fed on a hawkish path. Notable U.K. leadership changes gave markets a reprieve, though policy direction is uncertain.
