Global Markets Outlook

Market Insights: Least-Liked Election Unfolds Amid Unloved Bull Market
While we generally don’t base investment decisions on potential election outcomes, this election deserves more than the usual scrutiny.

Market Quick Points - November 2016
It’s not at all certain that Trumponomics will sustainably accelerate US growth.

Capital Markets View: Fourth Quarter 2016
A quarterly outlook on regions and asset classes, which is generated from our investment research and informed by our insights into what drives the markets.

Market Insights: Be Careful of What You Think You Know
Funding the UK’s large current account and budget deficits could prove more challenging in an uncertain post-Brexit environment.

Capital Markets View - 3Q 2016
Capital Markets View is our quarterly outlook on regions and asset classes, which is generated from our investment research and informed by our insights into what drives the markets.

Market Quick Points - August 2016
Many markets have been buoyed by ample liquidity but tailwinds are weakening and the risk of market complacency grows.

Market Quick Points - May 2016
With global growth still slow, central bank policies being called into question and markets around the world generally fairly to fully priced, security selection will remain paramount for the balance of 2016.

Market Insights: Fed Finds Itself in the Hotel California
Tighter financial conditions are front-running US Federal Reserve policy, limiting its ability to act. Monetary policy remains exceptionally loose globally, while fiscal policy is easier than anticipated. Credit markets have shown signs of stress, but they don’t signal recession, in our view.

Capital Markets View: Second Quarter 2016
A quarterly outlook on regions and asset classes, which is generated from our investment research and informed by our insights into what drives the markets.

Market Quick Points - February 2016
After January’s volatile trading environment, we watch for evidence of renewed US earnings gains and stabilization in China’s economy and global commodity prices that would support our longer-term macro and market outlook.

Market Insights: Separation Anxiety
Everywhere we look — across regions, countries, markets and assets — we see divergence. The US Federal Reserve has started to tighten, while most central banks keep easing. In China, manufacturing continues to falter, though the service sector appears to be faring better. And in the United States, we find industrials and goods producers subsiding, but nonmanufacturing and retail sales expanding.