How to invest in a market 'driven by expectation'

clock • 2 min read

Part of the June equity market rally was driven by growing investor expectation of a July rate cut in the US, which we believe is overdone.

As we start to see investor expectations realigned over the quieter summer period, we could see some volatility resurfacing. On the macro side, one of our key considerations is global central bank action (or potentially more importantly, inaction). We are already looking ahead to the 2020 US Presidential election and the options available to the US Federal Reserve. Quaero's Monaco unveils 'active deselection' approach for Global Equity fund Chairman Jerome Powell wants to avoid cutting rates any more than he absolutely has to as he does not want to be in an inflationary environm...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Global dividends hit Q3 record high despite significant cuts

Global dividends hit Q3 record high despite significant cuts

Rising to $431.1bn

Beth Brearley
clock 21 November 2024 • 2 min read
Fund managers more bullish on global growth following Trump win

Fund managers more bullish on global growth following Trump win

BofA Global Fund Manager survey

Beth Brearley
clock 14 November 2024 • 1 min read
21st Federal Reserve vice-chair Richard Clarida on Trump, the US election and the 2% inflation target

21st Federal Reserve vice-chair Richard Clarida on Trump, the US election and the 2% inflation target

Q&A with Pimco's global economic adviser

Linus Uhlig
clock 05 November 2024 • 5 min read
Trustpilot