Investment Research from our Asset Manager Members
The shock to the Eurozone job market in 2020 was considerable. Hardest hit were southern countries, young people and women.
The distortions created by central banks make it dangerous to read too much into price signals
The disruption of global supply chains has been a wakeup call for the European Union. For years, the principle of an open and free Single Market has led to a massive transfer of industrial production and outsourcing mainly to Asia.
Upbeat outlook as Japanese market is highly geared to global recovery
Since the mid-1980s, the macroeconomic volatility has declined to a postwar low. The Covid-19 crisis brought one of the largest economic shock in modern history and could mark the end of the Great Moderation i.e. a turning point with higher economic volatility and a shift to a higher inflation regime. Those factors are likely to lead to higher financial market volatility than in the previous two decades.
China, Japan, technology, and value have potential to shape global markets in 2021 and beyond.