PA OPINION: Carney’s conversations beg a few questions
Mark Carney has, according to the Sunday Times, told fund managers to prepare for a mass sell-off in stocks and bonds that could be triggered by a Bank of England rate hike.
Macro Views
-
-
PA ANALYSIS: Should investors worry as interest rate inertia creeps?
Conjecture over the timing of the first UK rate rise is becoming almost as routine as the industry’s misplaced adaptation to the ‘abnormal’ 0.5% rate presently in place.
-
Only the misguided will ignore the sovereign-credit correlation
Correlations between the credit market and sovereign bonds will linger on, says Neuberger Berman global fixed income manager Jon Jonsson, and credit risk remains the bet to make.
-
Prolonged EM deceleration possible – EIU
Growing concerns in China and other emerging markets could lead to “a prolonged deceleration” and have a “severe knock-on effect across the EU and the US”, according to the most recent report on risk by the Economist Intelligence Unit.
-
Do investors really need those income stocks?
James Klempster, portfolio manager at Momentum Global Investment Management, questions whether dividend yields are too high.
-
EM high yield beginning to look interesting – Harwood
Investors riding market volatility on their cash piles can find high yield opportunities in the emerging market income space, says Harwood Capital’s Richard Philbin.
-
Stockpickers’ delight as US enters next phase of cycle – Neptune
Bottom-up investing will be crucial to US equity investors as the market enters the next phase of the investment cycle, according to Neptune’s Felix Wintle.
-
Modest rate rise on the cards as pace remains of most importance – RLAM
A Bank of England interest rate rise could come sooner than expected, says Royal London Asset Management chief economist Ian Kernohan, but pace remains of most importance.
-
Yuan cuts will pull global markets out of the fire – Greetham
Yuan devaluation will rescue the global market from overheating and restore the deflationary recovery, according to Royal London Asset Management’s Trevor Greetham.
-
PA ANALYSIS: Investors see through BoE’s newfound transparency
I’ll be honest, with the excitement around the Ashes and the return of Premier League football this weekend, I thought ‘Super Thursday’ was something to do with Sky Sports scheduling.
-
Yuan devaluation could scupper global recovery – Tilney Bestinvest
The increasing likelihood of yuan devaluation could derail the global economic recovery, warns Tilney Bestinvest’s Ben Seager-Scott.
-
Pick up oil stocks now and reap medium-term rewards – Franklin Templeton
Investors who invest in the flagging oil trade now will reap the rewards five year down the line, according to Franklin Templeton’s Dylan Ball.