If you are looking for something really scary this Halloween, there is no need to reach out for blockbuster thrillers or monster figures – just look at these six spooktacular financial charts.
This generation looks different
US Federal Reserve (Fed) Chairman Jerome Powell recently warned about the ever-increasing amount of US student debt outstanding: “You do stand to see longer-term negativ… Read the article
This week’s Budget and Bank of England meetings may shed some light on a key question for investors and millions of taxpayers: After eight years of fiscal tightening, is austerity over and will the economic burden shift from monetary to fiscal policy? I wouldn’t hold my breath – something which may cheer gilt investors, at least for now. Let’s see why:
In her recent Conservative Party conferenc… Read the article
The luxury goods sector has lost some of its polish – at least in financial markets. Uncertainty regarding the strength of the Chinese consumer means it is important to be selective. Watch M&G Investment Director Shane Kelly and Global Consumer Analyst Catherine Lock discuss. Watch the video
Corporate, Emerging, Currency and Commodity markets – almost everyone but traditional safe-havens – had an early Halloween week on mounting concerns over challenged US corporate profits and dismal European PMI and Chinese growth data. As much as 75% of the 100 Fixed Income asset classes tracked by Panoramic Weekly fell, also dragged down by rising tensions over Brexit and as the European Commis… Read the article
Italian bond yields have spiked over the past few months, especially after the general election in March. Over this period, corporate bonds have been more resilient than government debt – except in the highly relevant construction sector. Watch M&G’s Carlo Putti and Saul Casadio discuss. Watch the video
In its latest semi-annual statement, the Monetary Authority of Singapore (MAS) said it would slightly tighten monetary policy by increasing the slope of appreciation of the Singapore dollar Nominal Effective Exchange Rate’s (S$ NEER) policy band. This is the second increase this year, following one in April, and it confirms the broader monetary tightening recently seen in many Asian economies, … Read the article
Global financial markets seemed to regain sanity over the past five trading days as they reverted to the typical negative correlation usually seen between stocks and bonds: investors snapped up traditionally safer government debt as concerns on the effect of rising rates over corporate profits mounted, dragging down leading equity indices. This followed a period in early October in which both e… Read the article
In true October fashion, both equity and bond markets recently plunged. US President Trump quickly said the US Federal Reserve (Fed) is hiking rates too fast, hurting growth. The IMF quickly answered: the Fed’s hikes are legitimate. Who’s right?
Watch the video
A decade of low interest rates has given companies, governments and households an excellent opportunity to cheerfully load up debt – until now. As interest rates rise and are projected to continue to do so in most major economies over the next three years, higher interest costs may soon send a stark reminder that there is no such thing as a free lunch.
Highly indebted companies are most at ris… Read the article
Tobacco and drinks companies used to be considered very stable, almost quiet industries. Industry players sold products that had no substitutes, and investors would not have to be too worried about negative earnings surprises. That picture seems to have changed now, with new products gaining popularity in the tobacco world and the recent legalisation of cannabis in Canada shaking things up in t… Watch the video