John Bennett europe recovery
The recovery in the European economy is pretty tepid, but the fundamentals have stopped getting worse, which is all it takes for investors to profit, says John Bennett, fund manager of Henderson European Focus Trust.
Macro News
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India woes turnaround
Raghuram Rajan inspired an outbreak of optimism when he took the reins as the Governor of the Reserve Bank of India. Economists now suggest that this is not merely irrational exuberance, and is grounded in realistic expectations of economic improvement.
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India woes turnaround
Raghuram Rajan inspired an outbreak of optimism when he took the reins as the Governor of the Reserve Bank of India. Economists now suggest that this is not merely irrational exuberance, and is grounded in realistic expectations of economic improvement.
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High yield bond funds risk
High yield bonds, and companies struggling to borrow, are both unexpected ‘safe places to hide’ in an era of cheap money, according to Ben Bennett, credit strategist for Legal & General.
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us jobs tapering postponed
It looks increasingly likely that tapering will be off the table in the US following the weaker than expected payrolls numbers.
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China growth
China’s growth accelerated to 7.8% year-on-year, reversing the slowdown seen during the first half of 2013.
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US debt deadlock
The US budget deadlock was broken overnight but after being closed for 16 days, the fingerprints of the shutdown are clear to see.
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US budget ratings
Ratings agency Fitch last night said it could cut America’s prized AAA credit rating, but investors have shrugged off the warning.
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mandg riddell bullish on us dollar
Mike Riddell, manager of the M&G Global Macro Bond fund, believes the US dollar looks cheap on almost all measures, while emerging market currencies still face significant risks.
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lipper research shows outflows from bond funds
The European funds industry amassed net inflows of 3.5bn for August, with Italy, Spain and the United Kingdom taking the lion's share of assets, according to the latest research from Lipper.
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jpm sasaki says Japan inflation potential
Kentaro Sasaki, head of Japan equity research and lead manager of JPM Japan Select Equity fund, says that while Japanese markets have priced in the impact of a depreciating yen, the impact of higher inflation as a result of the economic reforms enacted by Prime Minister Shinzo Abe is not yet reflected in share prices.
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falling manufacturing bodes ill for recovery
Economists believe that falling manufacturing output and industrial production makes an imminent rise in interest rates increasingly unlikely.
