Investment Markets Outlook: Q3 2022
Moving on From a Dire H1 2022
We are halfway through 2022 already. A suitable marker for investors to evaluate where the markets are and where they are likely to go from here. Our collection of outlooks provides guidance of whether there is a global recession ahead, how the Russia-Ukraine war is affecting the investment landscape and, more generally, how to adapt your strategy during turbulent and uncertain times for nearly every asset class.??
For compliance reasons, this paper is only accessible in certain geographies
While Covid-driven factors continue to complicate cycle analysis, Invesco believes inflation headwinds and slowing growth are indicating a late-cycle environment in the developed world.
For compliance reasons, this paper is only accessible in the UK & Europe
Focusing on the bellwether U.S. market, the authors are observing a weak profit cycle while the areas that impact the real economy remain strong. But can a recession be avoided?
For compliance reasons, this paper is only accessible in the United States & Canada
The investment firm believes central banks will ultimately choose to live with inflation over the medium term rather than "slamming the policy brakes and choking off growth".
For compliance reasons, this paper is NOT accessible in the United States
Investors should move towards quality segments in credit and equities, and aim to benefit from the regional divergences, with preference of U.S. and Chinese equities, but strong selection is important.
For compliance reasons, this paper is only accessible in certain geographies
The outlook for sovereign debt over a longer-term horizon remains muted while continuous caution is warranted on equities due to recession risks and hawkish central banks. It remains tough out there.
For compliance reasons, this paper is only accessible in certain geographies
领英推荐
Good riddance to H1 2022. Despite the turbulence, Nuveen sees opportunities particularly in munis, but also in equities, credit, and real estate.
For compliance reasons, this paper is only accessible in certain geographies
Market participants are aggressively trying to out-hawk one another. Manulife experts believe markets will start to adjust their expectations and price out some of the factored-in rate moves by the autumn.
For compliance reasons, this paper is only accessible in certain geographies
Following a ‘perfect storm’ in Q2, this paper gives a comprehensive perspective of what to expect for the global economy, fixed income, emerging markets, equities, and commodities.
For compliance reasons, this paper is NOT accessible in the United States & Canada
The authors expect a U.S. recession in the second half of 2023, but in the near term, they still see enough momentum, backed by a high level of savings, to stave off an immediate slump.
For compliance reasons, this paper is only accessible in certain geographies
Inflation looks to be here to stay. There are just too many unanswered questions about its trajectory, the Fed’s ability to orchestrate a soft landing and when and how the Ukraine war will end.
For compliance reasons, this paper is only accessible in certain geographies
KKR quotes philosopher Alain de Botton: “A good half of the art of living is resilience.” Resilience is certainly something investors could use at present.
ABOUT THE AUTHOR
Andrew Perrins is a former Actuary and Asset Allocator. After qualifying as an Actuary, he worked for 15 years in investment management, serving as Director of Asset Allocation for Abbey Life and for Chase Manhattan, before setting out on a more entrepreneurial path.
To contact him,?email?[email protected]