Beyond Bulls & Bears

Italy’s Inflection Point as It Prepares to Unveil Spending Plans
Fixed Income

Italy’s Inflection Point as It Prepares to Unveil Spending Plans

Controversial spending plans outlined by Italy’s populist government caused consternation among investors at the beginning of October. David Zahn, Franklin Templeton’s head of European Fixed Income, considers how the coalition government’s growing popularity could influence the European Union’s response. And he explores the implications for the wider eurozone.

Cutting through the Noise: Trump, Trade and Twitter
Multi-Asset

Cutting through the Noise: Trump, Trade and Twitter

“Could Trump’s words have a long-term impact on global stock markets? At the moment, the leading economic indicators, especially in the United States, continue to point to robust growth.” – Matthias Hoppe, Franklin Templeton Multi-Asset Solutions.

Why Macron’s Reform Agenda Is Boosting Business Optimism
Equity

Why Macron’s Reform Agenda Is Boosting Business Optimism

“We see signs that France’s economy is starting to improve under President Emmanuel Macron. France is enjoying its best streak of economic growth in more than six years. And, French companies are hiring at the fastest pace in almost 17 years." – Katrina Dudley, portfolio manager, Franklin Mutual Series

Does Macron’s EU Reform Agenda Need German Support?
Perspectives

Does Macron’s EU Reform Agenda Need German Support?

"Without an eager partner in Germany, I think Macron will face challenges implementing his more radical eurozone reforms. Although there is broad support for unification in the wake of last year’s Brexit vote, some of the EU’s Eastern European partners are using all the brakes to prevent unification. I see it as a long road to reach that goal.” – Philippe Brugere-Trelat, Franklin Mutual Series

How the German Election Could Dictate Europe’s Future Direction
Fixed Income

How the German Election Could Dictate Europe’s Future Direction

“These are optimistic times in Europe, in general. In contrast to what many observers might have expected nine months ago, the political structure in Europe is probably the most stable it’s been in 10 years.” - David Zahn, Franklin Templeton Fixed Income Group

Notes from the Trading Desk – Europe: Brexit Special
Perspectives

Notes from the Trading Desk – Europe: Brexit Special

It is anticipated that the UK will likely see a hit to growth in the short- and medium-term, with an increased risk of a technical recession, not helped by the profound uncertainty as to the prospects of this political contagion.