Commentary by Monica Defend
4 themes driving markets:
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Market movements over the summer
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The outlook for US growth
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An update on inflation and central bank action
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The impact of the US elections
Market movements over the summer
The outlook for US growth
An update on inflation and central bank action
The impact of the US elections
Emerging markets are likely to drive global growth in the long term, led by favourable demographics and demand.
Regions such as Asia are characterised by divergences this requires a good understanding of country dynamics.
Monetary easing by the Fed and subsiding inflation in EM should be further supportive of the asset class.
Fed rate cut boosts the markets but for how long
Income is currently attractive in credit
Explore bonds with a global approach
Fed easing boosts the case for emerging world
Participate in equities but be careful of the price you pay
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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