Is this another 'Goldilocks' period for markets?

Value areas may catch up on market pivot

clock • 2 min read

Despite a huge debt mountain and fanciful private equity valuations, David Jane argues economic indicators do not imply an immediate recession.

We have seen a big rally in risk assets, in a period where bond yields have continued to fall - in effect, another 'Goldilocks' period of low rates, low inflation and low growth. Economic data, however, suggests we need to consider two other possible outcomes - a further drop in yields and an economic contraction, or a re-acceleration in growth and inflation. Recent economic data has largely been disappointing and, in some cases, looks recessionary - particularly in Germany - but things have begun to stabilise. The leading indicators do not, however, imply recession in most economi...

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 Investment

Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

Focus on quality

Charlotte Ryland and Joe Hawkes
clock 26 June 2025 • 4 min read
Almost half of UK investors using social media for financial advice

Almost half of UK investors using social media for financial advice

Many sources 'unregulated and unverified’

Sorin Dojan
clock 23 June 2025 • 2 min read
Trustpilot