Long Run Returns Monitor (Aug.)

Our monthly Long Run Returns Monitor provides our updated long-term projected returns for major asset classes, as well as a summary of the macroeconomic forecasts which underpin them. All projections in this publication are as of 20th August 2021. A more detailed explanation of our views can be found in our annual Long Run Economic Outlook and Long Run Asset Allocation Outlook.
Oliver Allen Markets Economist
Continue reading

More from The Long Run

Long Run Returns Monitor

Long Run Returns Monitor (Nov.)

Our monthly Long Run Returns Monitor provides our updated long-term projected returns for major asset classes, as well as a summary of the macroeconomic forecasts which underpin them. All projections in this publication are as of 23rd November 2021. A more detailed explanation of our views can be found in our annual Long Run Economic Outlook and Long Run Asset Allocation Outlook.

25 November 2021

Long Run Update

COP26 a small step forward but much left to do

COP26 has progressed efforts to fight climate change, but there is still a significant gap between pledges and actual policies. Unless action ramps up this decade, countries may face a choice between accepting the costs of greater global warming or a rapid, and potentially disorderly, transition to a greener economy.

16 November 2021

Long Run Update

COP26 unlikely to alter economic outlook

The UN’s annual climate change conference, COP26, has the potential to be an important milestone but it is just one step along the path required to limit global warming. Accordingly, it will not on its own stop climate change from clouding the long-run economic outlook for many emerging markets in particular.

2 November 2021

More from Oliver Allen

Capital Daily

We think the divergence in “rotation sectors” will continue

We think that the sectoral outperformance so far this month of financials relative to energy and materials has further to run.

10 August 2021

Capital Daily

Strong employment report points to a steeper US yield curve

We think that today’s non-farm payrolls release, and recent news on the bipartisan US infrastructure bill, add some weight to our view that the past week’s climb in US Treasury yields and steepening of the yield curve have further to run.

6 August 2021

Asset Allocation Update

The asset allocation implications of China’s slowdown

The further slowdown we expect in China would probably be a headwind for some “risky” assets that are particularly sensitive to its economic cycle. It also informs our view that China’s sovereign bonds will outperform those of developed markets (DMs), and that the renminbi will weaken against the US dollar.

4 August 2021
↑ Back to top