Fed to reassess policy easing speed and timing;
New policies could stimulate short term US growth;
Europe balancing fiscal rules with productivity investments;
China signals expansionary measures amid tariff concerns.
Rising consumer confidence bodes well for the upcoming holiday season.
Trump’s announced policies are boosting market sentiment, but they may add inflationary pressures later on.
Uncertainty on the inflation path will make the Fed increasingly data-dependent.
Mixed economic signals open up opportunities
Easing inflation positive for government bonds
Quality makes all the difference in corporate credit
Allure of emerging markets stays high
Search for bright spots in equities
Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 08 May 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.
Date of first use: 1 July 2024
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