Beyond Bulls & Bears

Surveying the Investment World through an ESG Lens: A Snapshot of Key Topics from the US
Perspectives

Surveying the Investment World through an ESG Lens: A Snapshot of Key Topics from the US

Fresh from a series of ESG conferences in the United States attracting investors, managers and scientists, Julie Moret, Head of ESG at Franklin Templeton, outlines five topics that sparked her attention and that investors with an interest in ESG should have on their agenda.

Slowdown Doesn’t Mean Stop. Our View on US Interest Rates, Inflation and China
Fixed Income

Slowdown Doesn’t Mean Stop. Our View on US Interest Rates, Inflation and China

While the US Federal Reserve (Fed) decided to leave interest rates unchanged at its January policy meeting, the market seems to be thinking the Fed may press pause for an extended period. A prolonged US government shutdown has heightened concerns the economy could be at a tipping point, but Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income Group, weighs in on why the notion the Fed won’t raise rates at all this year “is misguided.”

Global Uncertainty Highlights GCC Debt Opportunity
Fixed Income

Global Uncertainty Highlights GCC Debt Opportunity

“While a stable economic backdrop remains supportive for Gulf Co-operation Council’s (GCC’s) debt, perhaps the most significant event for local bonds is the GCC’s inclusion in the J.P. Morgan Emerging Market Bond Index from January 31.” - Dino Kronfol, chief investment officer of Franklin Templeton Global Sukuk and MENA Fixed Income

US Government Shutdown Paused for Now: Assessing the Economic Impact
Equity

US Government Shutdown Paused for Now: Assessing the Economic Impact

The longest-ever US government shutdown has finally ended—at least temporarily—while negotiations continue over funding of a US-Mexico border wall. While the government will be reopened at least until February 15, the economic implications of the shutdown and the potential for more disruption ahead has become a source of concern to many global investors. Stephen Dover, Head of Equities for Franklin Templeton, outlines some considerations.

What Really Stood Out at the 2019 US Consumer Electronics Show
Equity

What Really Stood Out at the 2019 US Consumer Electronics Show

“In our view, it’s important to understand the difference between a commercially viable product and a design concept. At the Consumer Electronics Show, we try to avoid becoming overly excited by product announcements that don’t include a firm price point or a launch date.” – Franklin Equity Group

Have We Reached Maximum Brexit Pessimism Yet?
Equity

Have We Reached Maximum Brexit Pessimism Yet?

Newspaper headlines might suggest there’s little reason to cheer for UK equity investors right now. However, Colin Morton, vice president and portfolio manager, Franklin UK Equity team, believes the current despondent sentiment that pervades the United Kingdom could present some interesting opportunities to pick up a bargain. Just don’t ask him about catalysts for improvement.

Why We Think Most “Brexit Panaceas” Are Ill-Thought-Through or Unviable
Equity

Why We Think Most “Brexit Panaceas” Are Ill-Thought-Through or Unviable

“It is symptomatic of the level of debate that the options which tend to get offered as panaceas for Brexit are rarely thought-through or viable.” Sandy Nairn, Chairman of Templeton Global Equity Group and CEO of Edinburgh Partners

Putting Equity-Market Turbulence into Context
Multi-Asset

Putting Equity-Market Turbulence into Context

Many equity investors were no doubt happy to put 2018 in the rear-view mirror. The heightened volatility in the fourth quarter of the year in particular took many investors by surprise—but what is often missing in the discussions about the volatility is that it didn’t stem from a broad deterioration in economic fundamentals, according to Ed Perks, CIO, Franklin Templeton Multi-Asset Solutions. And, he notes investors had become so used to low levels of volatility that 2018 actually marked a return to “normal levels.”

A Hard Brexit Would Remove Uncertainty for Markets
Fixed Income

A Hard Brexit Would Remove Uncertainty for Markets

"Two and a half years ago, with all the options for a negotiated Brexit on the table, a Hard Brexit seemed to be the worst-case scenario. Now, markets may feel that it’s preferable to bring an end to the uncertainty and accept the short-term pain." David Zahn, Head of European Fixed Income

PODCAST: Making Sense of Recent Market Action
Perspectives

PODCAST: Making Sense of Recent Market Action

After a turbulent end to 2018, early January brought some relief for equity investors, but there certainly are no shortage of uncertainties about the year ahead. Three of our senior investment leaders recently participated in panel discussion about what they see affecting investor sentiment, how they think changes in monetary policy are influencing market action and why they don’t see a US recession this year.  

Notes From the Trading Desk – Europe
Equity

Notes From the Trading Desk – Europe

Equity markets continued their recovery last week as optimism around US/China trade talks and a continued dovish narrative from the US Federal Reserve eased investor nerves. In Europe, macro data continues to be lacklustre and the noise around Brexit is back to fever pitch. But European indices still benefitted from the more positive global perspective.

Mapping the Influence of AI and Machine Learning
Equity

Mapping the Influence of AI and Machine Learning

The evolution of artificial intelligence (AI) has rarely been far from the headlines in recent years. Its influence now reaches into nearly every sector and geography and holds economic and political ramifications that many experts say are on par with the start of the Industrial Revolution in the 18th Century. In a new publication, "Artificial Intelligence: Real Opportunity," our research analysts examine the growing influence of AI across sectors. In this extract, they explain how they evaluate investment potential for AI capabilities.