There are 4 item(s) tagged with the keyword "Outlook 2019".
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‘Investors that are not prepared for concurrent price corrections in US Treasuries and other asset classes in 2019 may be exposed to unintended risks.’ Michael Hasenstab, Chief Investment Officer, Templeton Global Macro.
We maintain high expectations for growth around the theme of technological innovation, which is where wealth creation can occur in any economic cycle. Our experience in active management helps us identify companies displaying innovation that leads to sustainable competitive advantages and favourable growth regardless of market conditions.
Emerging markets are confronted with a number of near-term challenges, resulting in valuations that were approaching crisis levels by November 2018—but longer-term buying opportunities are developing given continued underlying fundamental strengths.
Whilst you can make some strong arguments for the negative returns from 90% of asset classes in 2018 based on the return of populist politics – think of Brexit, Italy’s political instability, AMLO’s election in Mexico and tariffs everywhere – the answer to those negative returns might be simpler: the de facto global discount rate, the 2-year US Treasury bond yield, has risen by almost 100 basis points (bps) over the year, and thus repriced global assets. Why did this happen?
Displaying: 1 - 4 of 4