Beyond Bulls & Bears

Can the EU’s Extension Offer Really Break the Brexit Deadlock?

After a nail-biting few hours, European Union leaders have agreed to the UK government’s request to delay Brexit, albeit the extension is less than Theresa May had requested. But our Head of European Fixed Income David Zahn believes the decision does little more than reset the clock and he warns there is still a strong chance that the United Kingdom could still crash out without a deal.

Steady Fed Maintains Dovish Stance
Fixed Income

Steady Fed Maintains Dovish Stance

The US Federal Reserve’s decision to keep interest rates steady at its March meeting came as little surprise, but its updated “dot plot” projections were interpreted by markets as sending a decidedly more dovish signal than expected. Franklin Templeton Fixed Income Group CIO Sonal Desai offers her take on the meeting, and why she feels markets shouldn’t read too much into the dots.

How Companies Address the Climate Challenge
Equity

How Companies Address the Climate Challenge

As more companies start to face up to the climate change challenge, what does this mean for investors? Templeton Global Equity Group’s Maarten Bloemen weighs in.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Last week was the strongest for global equities since November 2018. Focus was primarily on the UK government’s latest attempts to finalise its departure from the European Union (EU). A series of UK parliamentary votes took place through the week. However significant uncertainty around how the process will play out remains.

This Isn’t the Way Stock Market Cycles Typically End
Equity

This Isn’t the Way Stock Market Cycles Typically End

Dylan Ball, head of European Equity Strategies, Templeton Global Equity Group, explains why he thinks the current stock market cycle still has some way to run in Europe and why he expects to see an uptick in cross-border merger and acquisition activity.

MPs Say No to No Deal, But an Accidental Hard Brexit Remains a Possibility
Fixed Income

MPs Say No to No Deal, But an Accidental Hard Brexit Remains a Possibility

UK members of parliament have voted to reject a situation in which the United Kingdom crashes out of the European Union without a deal. But with only days until the official leave date, the options for a tidy resolution are limited. David Zahn explains why he expects the UK government now to seek an extension to the Brexit negotiations.

On My Mind: Modern Magical Thinking
Alternatives

On My Mind: Modern Magical Thinking

In economic (and political) circles, “Modern Monetary Theory” has gotten some buzz of late. What does it mean—and does it have any merit? Franklin Templeton Fixed Income Chief Investment Officer Sonal Desai thinks it’s not only potentially dangerous, but offers intellectual fuel for populism.

Meet the Manager: Sheila Amoroso
Fixed Income

Meet the Manager: Sheila Amoroso

Some people seem to have a career path in place from an early age, while others just sort of stumble into one. Sheila Amoroso, director of Franklin Templeton Fixed Income Group’s municipal bond department, is in the latter camp. You’d probably be hard-pressed to find many young women who aspire to be municipal bond managers—and Sheila was no exception. But, as she made her first foray into financial services, she found the work interesting, challenging and rewarding. And after more than 30 years with Franklin Templeton, that’s still the case.

Equity Income: Why the UK Could Be a Productive Hunting Ground
Equity

Equity Income: Why the UK Could Be a Productive Hunting Ground

“Today, investment managers running an income franchise have got a much broader palette of opportunity than they’ve had for some time. In fact, we think the current climate provides one of the broadest selections of attractive dividend yielding stocks that we can remember.” - Colin Morton, Portfolio Manager, Franklin UK Equity team

Looking at Australian Fixed Income Through a Global Lens
Fixed Income

Looking at Australian Fixed Income Through a Global Lens

“We think the global corporate credit markets could face obstacles in the year ahead. The profit cycle is slowing and some sectors are facing particular pressures.” – Andrew Canobi, Australia Fixed Income team

PODCAST: Technology and Finance: A Future with Blockchain Technology and Cryptocurrencies
Equity

PODCAST: Technology and Finance: A Future with Blockchain Technology and Cryptocurrencies

In our latest “Talking Markets” podcast, we hear from industry experts about the possible impact on the financial industry of advancements in blockchain technology and the rapidly evolving crypto ecosystem.

Volatile Markets: Are High-Frequency Traders to Blame?
Equity

Volatile Markets: Are High-Frequency Traders to Blame?

“In our view, high-frequency trading plays a role in market meltdowns or melt-ups, which could be exacerbated when stocks or markets have low levels of liquidity.” – Stephen Dover, Head of Equities