Craig Burelle, Macro Strategies Research Analyst12 February 2019
Consensus expectations for global growth have been revised lower and fiscal stimulus in the US could fade in the coming quarters. We view this period as a soft patch in a continued expansion that likely leads growth back toward levels consistent with the global economy’s long-run potential. See a visual snapshot of growth themes across the globe below.
Richard Skaggs, CFA, Senior Equity Strategist12 February 2019
In December 2018, MSCI adopted new sector classification definitions, resulting in major
changes to the consumer discretionary, communications and information technology
sectors. As a result, the communications and information technology sectors were
reconfigured to better reflect the changing nature of these sectors and the way consumers
and businesses use these services today, while the consumer discretionary sector was
restructured to focus on a more narrow set of retail, housing, lodging, restaurant, and
automotive companies.
News headlines describe challenging global conditions - a trade war between the US and China, political turmoil in Europe, and general uncertainty stimulated by geopolitical tensions.
How will these themes play out in 2019?
By Julian Wellesley, Senior Global Equity Opportunities Analyst11 January 2019
US bank shares are in a bear market. The KBW Bank Index fell 20% in 2018. That’s much worse than the overall stock market, which fell 6% in the same period. Ten years after the global financial crisis of 2007-2008, many investors are worried that this economic upturn can’t last much longer. Anxiety about the risk of a recession is high.
By Laura Sarlo, Senior Sovereign Analyst 04 December 2018
There has been a lot of drama as the UK approaches the expiration of Article 50 (Brexit) in March 2019. We’ve seen political posturing and UK Prime Minister Theresa May’s leadership called into question. The situation remains highly fluid, and there are many potential paths to Brexit. But no matter the path, it’s important to remember there are three key ingredients needed for Brexit—a withdrawal agreement, a transition period and a new permanent trade relationship. Each one is detailed below. Managing Brexit requires all the ingredients come together, otherwise the soufflé will fall flat.
Kevin Charleston, CEO and Chairman, discusses the Loomis Sayles approach to investing, along with other key investment professionals who outline their own areas of expertise.
by Craig Burelle, Macro Strategies Research Analyst18 October 2018
Most major economies appear to be gradually advancing through the credit cycle, with most countries in recovery or expansion. We expect global growth to remain near current levels, but we are mindful of key risks. Read on for a visual snapshot of growth themes across the globe.
Laura Sarlo, Senior Sovereign Analyst and Julian Wellesley, Senior Global Equity Opportunities Analyst19 September 2018
Fans of the “Fast & Furious” movies know the game of chicken. Two cars race toward each other, each driver waiting for the other to swerve out of the way. If neither swerves, the cars collide head-on. This game has been playing out in Europe as the UK and Italian governments each face off with the European Union (EU).
