In der Regel sind es Volkswirte, die in Marktausblicken ihre Sicht der wirtschaftlichen Entwicklung bestimmter Regionen darstellen.
As expected, the Fed hiked rates for the third time this year. Going forward, Fed policy is set to become less straightforward as we move further into 2018, also because the central bank will have to decide how to respond to the tax cut and because policy is getting closer to neutral.
As investors look ahead to a new year, they could be forgiven for wondering whether they will be as pleasantly surprised in 2018 as they were in 2017. We have a spirit of cautious optimism.
When credit is priced such that carry can no longer be profitable (or at least grow profits) at an acceptable amount of leverage/risk, then the system will stall or perhaps even tip, says Bill Gross, Portfolio Manager bei Janus Henderson.
2017 was a remarkable year in financial markets. Paul O’Connor, Head of Janus Henderson’s UK-based Multi-Asset Team, reviews 2017 and discusses prospects for asset classes and regions in 2018.
In 2017, the non-conventional policy measures of G3 central banks, in combination with the strongest – and most globally synchronised – acceleration in the pace of economic growth since the Great Financial Crisis lifted valuations across a broad range of asset classes.
Im Kern der globalen Makroökonomie und der Marktaussichten für 2018 liegen die Erwartungen auf China, insbesondere auf seinem hohen und steigenden Schulden-BIP-Verhältnis. Werden die chinesischen Behörden den Drahtseilakt zwischen einer harten Landung und einer noch größeren Schuldenblase meister?
Das Wichtigste aus der Wirtschaft für die Börsenwoche: Die Ausfuhren der deutschen Wirtschaft stehen auf Rekordniveau, der Ölpreis sinkt auf 63 US$, die Fed wird am Donnerstag die Zinsen anheben und China will als Marktwirtschaft anerkannt werden.
What are the key themes likely to shape the markets in which you invest in 2018 and where are the risks within your asset class and where are the most compelling opportunities? Colin Fleury, Fondsmanager by Janus Henderson answers this Questions in his market outlook.
The consensus view is that 2018 will be another year of strong and broadly-based global economic growth. Monetary trends and cycle analysis, by contrast, suggest that early robust momentum will fade as the year progresses.
Laut einer neuen globalen Umfrage von Natixis Investment Managers warnen institutionelle Anleger vor Wertschwankungen, Assetpreisblasen und instabilen Märkten. Viele sind außerdem der Auffassung, dass das aktuelle Marktumfeld aktiv agierenden Managern zugute kommt.