All Inflation articles – Page 8
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White papersThe Eurozone economy under scrutiny, as the policy support fades
The Eurozone economy has stagnated over the last three quarters, although growth in the second quarter was marginally positive due to strong idiosyncratic growth in one or two smaller countries.
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White papersThe ECB Delivers a (Final?) Dovish Hike
The ECB raised its deposit rate to 4.0% today, an all-time high since the launch of the euro. It cited uncomfortably high headline inflation of more than 5% as the key driver of its decision. Higher interest rates signal concern among ECB policymakers that underlying inflation could become embedded. That would make it harder to get back to the Bank’s 2% target.
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White papersInfrastructure debt remains resilient in the face of macro headwinds
In an article originally published by Private Debt Investor magazine, Schoders Capital’s Damien Gardes talks inflation protection and rate rise benefits for infrastructure debt in this Q&A.
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PodcastOuterblue Convictions – Global Investment Views: Divergences persist as we head into autumn
For many, September has a back to school feel about it after a long break and is often the chance for a bit of a refresh. This summer, markets certainly weren’t on holiday, as August saw corrections and volatility, whilst there was also further softening in economic data, particularly in Europe and China.
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White papersCommercial real estate outlook: There’s a storm on the horizon. Then what?
Benefit Street Partners believe the reduction in traditional bank lending capacity will likely create many attractive opportunities both to acquire deeply discounted loans and to lend on high-quality properties.
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White papersFixed Income Views: Soft landing? Central banks trying to thread the needle
Franklin Templeton Fixed Income no longer projects a technical recession in the United States, and the trajectory of disinflation in both the United States and euro area will flatten—primarily due to wage pressures stemming from record low unemployment—and central banks are thus likely to keep rates higher for longer. Fixed Income Views presents the team’s fourth-quarter 2023 outlook.
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White papersReal Estate House View - United Kingdom, Second half-year 2023
The latest CFO Survey by Deloitte reports early signs that the labour market is beginning to cool.
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White papersGlobal Investment Views - September 2023
”The current asymmetric risk/return profile doesn’t call for increasing risks. Instead, investors should stay balanced and search for signals regarding confirmation of the economic direction.”
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White papersNavigating by Flashes of Lightning
Central banks may be reluctant to hike further, but as long as they tie themselves to incoming data their hands may be forced.
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White papersIs the U.S. Economy Meaningfully Reaccelerating?
In this monthly series, we take a quick, comprehensive look at current macroeconomic themes that matter to clients.
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White papersCIO views: ideas for ‘back-to-school’ returns
As Q3 progresses and many children return to classrooms after the holidays, our CIOs present their ‘back-to-school’ investment outlooks. Even as long-term investment trends continue to play out – the environmental transition, higher-for-longer interest rates, a greater cost of capital and demographic change – there is client demand for performance in the shorter term. What tactical exposures can investors implement to improve returns in the next six months?
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White papersStrike (Big) 3?
A potential U.S. auto strike has significant implications for the economy, earnings and inflation.
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White papersGCC/MENA Bond Market Update: Fixed income markets remained volatile in August
Fixed income markets remained volatile in August. In the US, US Federal Reserve (Fed) Chair Powell spoke at the Jackson Hole Economic Symposium, reiterating the central bank’s data dependence but also highlighting that if the economy does not cool as expected further monetary policy tightening may be warranted.
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White papersIs China falling into deflation?
China’s headline consumer price index fell by 0.3% year-on-year in July to register deflation for the first time in two years. This figure raised concerns that falling prices would lead consumers to delay spending in an already weakening economy. However, in our view, the data is not a harbinger for prolonged deflation.
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White papersNot all yield-curve steepenings are alike
End-of-cycle periods come and go, and they all tend to resemble each other. Inflation that exceeds central-bank targets legitimises increases in short rates, leading to long rates rising in anticipation. This opens the door to the prospect of different kinds of ‘steepenings’. In this weekly instalment of Simply put, we investigate the current outlook for the yield curve.
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White papersDeals delayed and crowded trades…. but can investors still find value in infrastructure debt
Private infrastructure debt still offers a broad spectrum of opportunities, but investors face complex challenges. In this Q&A, our infrastructure debt team contemplate the current state of the market and where it goes from here.
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Asset Manager NewsGARBE PYRAMID-MAP: Logistics Yields Have Almost bottomed out, Rental Growth Continues at Lower Dynamic
The investment market remained in its shock-frozen state during the first half of 2023 after the inflation rate and subsequent interest rate adjustments had significantly altered the parameters for the real estate industry within a very short period of time.
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White papersAssessing bond value in the new era
Brandywine Global: Fiscal stimulus has propped up real yields, but the effects may fade just as the lagged effects of monetary policy kick in. The result? Slower nominal growth and a better backdrop for bonds.
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White papersDeep waves: The corporate and household debt wave
For over a decade, capital abundance has supported economic growth and provided investment opportunities across the globe. As we depart from the zero-rate world into the realm of structurally tighter financial conditions, we focus on household and corporate debt, assessing the “quality” of investments and the implications of high inflation and high interest rates on investment risk and returns.
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White papersWhy invest in agriculture now?
The solid fundamentals supporting farmland as an asset class remain. Now, new advances are sustainably increasing farmland yields while creating additional income streams.
