Our latest macroeconomic insights Global Markets Update How stretched is the valuation of emerging market equities? The price/earnings ratio of the MSCI Emerging Markets Index has increased to a level that is well above its long-run average. However, in our view, the valuation of the index is not especially high... 7th July 2017 · 1 min read Global Markets Update Will rising bond yields continue to weigh on equities? We think that this week’s sell-off in government bonds sets the tone for the second half of the year. Nonetheless, we don’t expect a further rise in their yields to prompt a major correction in equity... 30th June 2017 · 1 min read Global Markets Update Strong growth should continue to support financial equities The failure of two Italian regional lenders over the weekend was a reminder of the vulnerabilities still present in parts of the global financial system. However, the big picture is that the system is... 28th June 2017 · 1 min read Global Markets Update Is the inclusion of Chinese A-shares in the MSCI a big deal? We are not surprised that stock markets in China have barely risen in response to MSCI’s decision to include the country’s A-shares in its Emerging Markets (EM) Index. Admittedly, the initial... 21st June 2017 · 1 min read Pagination Previous … Page 280 Page 281 Page 282 Page 283 Current page 284 Page 285 Page 286 Page 287 Page 288 … Next
Global Markets Update How stretched is the valuation of emerging market equities? The price/earnings ratio of the MSCI Emerging Markets Index has increased to a level that is well above its long-run average. However, in our view, the valuation of the index is not especially high... 7th July 2017 · 1 min read
Global Markets Update Will rising bond yields continue to weigh on equities? We think that this week’s sell-off in government bonds sets the tone for the second half of the year. Nonetheless, we don’t expect a further rise in their yields to prompt a major correction in equity... 30th June 2017 · 1 min read
Global Markets Update Strong growth should continue to support financial equities The failure of two Italian regional lenders over the weekend was a reminder of the vulnerabilities still present in parts of the global financial system. However, the big picture is that the system is... 28th June 2017 · 1 min read
Global Markets Update Is the inclusion of Chinese A-shares in the MSCI a big deal? We are not surprised that stock markets in China have barely risen in response to MSCI’s decision to include the country’s A-shares in its Emerging Markets (EM) Index. Admittedly, the initial... 21st June 2017 · 1 min read
