Our latest macroeconomic insights Global Markets Update Credit spreads still have a long way to go before peaking There has been a rise in risk premia in the bond market since the start of the banking sector turmoil. But we think impending recessions will push corporate credit spreads up further from here. 24th March 2023 · 3 mins read Asset Allocation Update Bank shares aren’t bound to underperform in a credit crunch Needless to say, economic downturns are usually bad news for US banks’ share prices. But banks haven’t always underperformed the overall stock market in a recession – even when there has been a... 24th March 2023 · 3 mins read Global Markets Update We expect equities in EMs to continue to struggle Even if the banking sector turmoil doesn’t grow into a broader economic crisis, we still think equities in emerging markets will struggle over the next couple of quarters in local-currency terms. 22nd March 2023 · 4 mins read Asset Allocation Update Equities stuck between a rock and a hard place Although recent strains in the banking sector mean that the economic outlook is especially uncertain, in our view equities are unlikely to perform particularly well, regardless of how things play out. 22nd March 2023 · 4 mins read Pagination Previous … Page 89 Page 90 Page 91 Page 92 Current page 93 Page 94 Page 95 Page 96 Page 97 … Next
Global Markets Update Credit spreads still have a long way to go before peaking There has been a rise in risk premia in the bond market since the start of the banking sector turmoil. But we think impending recessions will push corporate credit spreads up further from here. 24th March 2023 · 3 mins read
Asset Allocation Update Bank shares aren’t bound to underperform in a credit crunch Needless to say, economic downturns are usually bad news for US banks’ share prices. But banks haven’t always underperformed the overall stock market in a recession – even when there has been a... 24th March 2023 · 3 mins read
Global Markets Update We expect equities in EMs to continue to struggle Even if the banking sector turmoil doesn’t grow into a broader economic crisis, we still think equities in emerging markets will struggle over the next couple of quarters in local-currency terms. 22nd March 2023 · 4 mins read
Asset Allocation Update Equities stuck between a rock and a hard place Although recent strains in the banking sector mean that the economic outlook is especially uncertain, in our view equities are unlikely to perform particularly well, regardless of how things play out. 22nd March 2023 · 4 mins read
