We see little probability of high core inflation rates in the eurozone, but instead a gradual increase toward the ECB target of just below 2% over the next few years.
It’s important to consider which variable would dominate real estate-related asset prices in a potential new paradigm: higher rates or stronger growth.
Many view the Dow’s rise above 20,000 as a sign of optimism about the long-term economic growth outlook for the U.S. Yet the bond market is sending a different signal.
France has issued its first sovereign green bond – a milestone for global investors who are exploring or emphasizing assets focused on ESG (environmental, social and governance) principles.
Joachim Fels, global economic advisor, offers a closer look at the factors driving PIMCO’s forecast for global GDP growth (2.5%–3.0%) and inflation (2.0%–2.5%) in 2017.
With the inauguration of the 45th president imminent and the market’s high expectations for policymaking, what is realistic for investors to expect from Washington in 2017?
CPI jumps. Trump may accelerate the trend.
What happens next will be a function of Turkey’s policy response and how the external environment unfolds.
How should global investors interpret recent events in China, and what can they expect for early 2017?
Investors should take note of the low absolute yields which many “cash equivalent” assets offer, in both absolute and relative terms.