Outlooks – Page 73
-
White papersResilient Recovery Stocks Transcend the Growth-Value Divide
Investors are reassessing which types of companies will thrive in the next stage of the recovery amid the recent rebound of value stocks. But we think the distinguishing performance factor will be a company’s ability to generate sustainable earnings, regardless of its style classification.
-
-
White papersAn update on our ESG Scores
Countries can emerge stronger economically from the COVID-19 pandemic through green and sustainable investing. Global Macro Views highlights five country case studies.
-
White papersReal Yields, Inflation Breakevens and Risk Assets: The Changing Environment
The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates.
-
White papersJapan Could Win a Medal in the Recovery Race
A strong manufacturing base and changing attitudes toward shareholder value could mean the world’s capital heads to Japan, even if the world’s sports fans cannot.
-
White papersGlobal Macro Outlook - Second Quarter 2021
Vaccination progress and fiscal stimulus have advantaged the US economy, which we expect to grow about 6.5% in 2021. China, too, is rebounding, with output already topping pre-crisis levels. We’re still cautious, however, about Europe, where rising COVID-19 cases may further delay reopenings.
-
White papersInvestment Outlook: You asked, we answered
Our Global Views team attempts to answer some of the questions often asked by our clients.
-
White papersMarket Scenarios and Risks - April 2021
Significant progress in managing the pandemic, massive fiscal impulse in the US, and boosters in the RoW amidst accommodative monetary policies.
-
White papersEconomic Outlook: can things ‘only get better’?
Looking at the rest of 2021 through a macro lens feels a bit like 2009: one would hope that ‘it can only improve on the year before’. Which, surely it must. Stimulus extensions, accelerating vaccine roll-out (notably in the UK), base-effect, and expectations of more are all raising confidence, supporting risk-assets and promising macro improvement.
-
White papersSpring has Sprung from Seeds of Spending
In the U.S., fiscal stimulus and vaccine rollout are already leading to improvements in the service sector.
-
White papersQ2 2021 Fixed Income Views: Too Much of A Good Thing?
Franklin Templeton Fixed Income Views explores the drivers of the reflation narrative, the potential risks that should not be ignored, and the implication for fixed income investors.
-
White papersGlobal Investment Outlook: Inflation, Rotation and Opportunities
In this global investment outlook, our investment professionals across asset classes share how they’re thinking about portfolios amid continued market uncertainty.
-
-
White papersSpeculative grade default cycle: an earlier peak and an expected benign trend
Extraordinary policy intervention has made this HY default cycle unusually short-lived, helping to limit quite significantly the rise in defaults among mid- and high-rated speculative grade companies. A turn into a more benign falling trend over the next quarters looks likely, in light of improved macro perspectives, expected progress in vaccinations and encouraging signals from financial drivers.
-
White papersAmid a US economic boom, how high can rates go?
The possibility of an economic boom this year has stoked worries about higher inflation and prompted a sharp selloff in US Treasuries.
-
White papersSustainability in a World in Transition
We believe that 2020 marked an important turning point for companies and investors alike. Not only are sustainable criteria becoming ever-more important for investors, rapid societal and technological change is driving a corporate evolution. This is creating disruption across a number of key areas generating opportunities for active managers.
-
White papersWhy investors should look at Indian assets
India is the fifth-largest economy in the world, according to the World Bank, in terms of nominal 2019 GDP in dollars, and ranks second by population (1.38bn). Although it is one of the world’s fastest-growing economies, its GDP per capita is more than 29x and 4x lower than the USt or China, respectively (also according to the World Bank, nominal 2019 per-capita GDP in dollars). The potential for a catch-up in income over the next decades looks huge.
-
White papersAuthenticity in ESG integration
From our 1983 inception, the international business of Federated Hermes has been at the forefront of responsible investing. Here, Michael Viehs, Head of ESG Integration, explains why the delivery of Sustainable Wealth Creation has and always will be our core purpose.
-
White papersCovid-19 Update: Emerging from a Pandemic rarely happens in a Straight Line
In an effort to bring timely insights during these uncertain times, we are pleased to share an update from Terri Towers, PhD, Senior Healthcare Analyst, who shares her views on the COVID-19 (“Coronavirus”) pandemic.
-
White papersHow hot is the inflation pot? Strategies to protect portfolios from inflation risk
As the global economy emerges from its worst slump since the 1930s, we envisage plenty of inflation fertilisers at stake, especially in the United States. Inflationary trends could emerge due to a combination of factors, including the cyclical recovery as countries try to get the pandemic under control and gradually lift mitigation measures.
