- Global Investment Views - November 2019
Global Investment Views - November 2019
Tuesday 22 October 2019
Research / Market
Limbo for markets will not last forever
Bad but not so bad news left the market in a limbo: equity markets were more or less flat in the month, treasury yields remained in the 1.5 / 1.8 range and credit spreads also remained within the trading range of the last few months. However, markets oscillated between weak US and Eurozone numbers, prospects of a US-China ‘mini-deal’ and tariffs on Europe. Geopolitics and Trump’s impeachment was in limelight as Turkey started a military offensive in Syria. China witnessed subdued data, only partially offset by policy measures.
CIO views: High conviction ideas from Amundi Global Investment Committee.
Blue Convictions - SPECIAL COVID-19 ep#3 - A game of cycles
The world is now entirely racing for time against the Covid-19.Three cycles are under watch: the pandemic cycle, the financial cycle and the real economy cycle.
Blue Convictions - SPECIAL COVID-19 ep#4 - Some light in the fixed income space
Volatility will remain for a while in the equity and fixed income worlds. However, thanks to the action and coordination of central banks, massive debt issuance in Europe and in the US eased trading for both buying and selling sides.
Blue Convictions - SPECIAL COVID-19 ep#5 - The USA: opportunities in a market expecting a deep recession
The pandemic hit the USA, now the new epicentre of the storm. Fiscal and monetary stimulus came fast and in huge volumes to support the economy.