Beyond Bulls & Bears

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.  

A Dovish Fed Rate Hike
Fixed Income

A Dovish Fed Rate Hike

The US Federal Reserve raised interest rates for the fourth time this year, but with critics starting to question the central bank’s actions, will it take a tightening pause in 2019? Franklin Templeton Fixed Income Group's Michael Materasso weighs in.

A Global Macro Perspective: Populism, Trade and Emerging-Market Volatility
Fixed Income

A Global Macro Perspective: Populism, Trade and Emerging-Market Volatility

Templeton Global Macro Chief Investment Officer Dr. Michael Hasenstab and Vice President and Deputy Director of Research, Dr. Calvin Ho, discuss emerging-market turbulence, the persistent concerns around trade policy and divergent growth trends in the developed world.

Global Economic Perspective: October
Fixed Income

Global Economic Perspective: October

In this month’s Global Economic Perspective, our Fixed Income Group discusses whether optimism about the US economy is justified, and whether Italy’s budget talks could lead to looser fiscal policy elsewhere in the eurozone.

Global Economic Perspective: September
Fixed Income

Global Economic Perspective: September

In this month’s Global Economic Perspective, our Fixed Income Group discusses the spread of populism in Sweden, whether US economic momentum appears sustainable and what’s behind recent emerging-market woes.

Global Economic Perspective: August
Fixed Income

Global Economic Perspective: August

“We think the ECB is wise to retain some flexibility over the timing of its transition to more conventional monetary policies. The central bank has voiced concerns over the impact of the Turkish crisis on some European lenders. Additionally, volatility can be exaggerated at this time of year.” – Franklin Templeton Fixed Income Group

Global Economic Perspective: July
Fixed Income

Global Economic Perspective: July

In this month’s Global Economic Perspective, Franklin Templeton Fixed Income Group examines the potential market impact of ongoing trade issues. Could it derail global growth?

Global Economic Perspective: June
Fixed Income

Global Economic Perspective: June

In this month’s Global Economic Perspective, our Fixed Income Group sees the broad outlook for the global economy as remaining positive but expects more patches of financial market volatility ahead.

Will the Roar of Market Tensions Tame Global Growth?
Multi-Asset

Will the Roar of Market Tensions Tame Global Growth?

The first quarter of 2018 started out like a lamb but went out like a lion as long-dormant volatility began to roar. Issues like inflation fears, trade tensions and geopolitical risks contributed to market turbulence, leaving many investors wondering whether these issues will put a damper on global growth—and end the US market’s nine-year bull run. Three of Franklin Templeton’s senior investment leaders—Stephen Dover, Christopher Molumphy and Ed Perks—weigh in.

US 10-Year Treasury Crosses 3%: Much Ado About Nothing?
Fixed Income

US 10-Year Treasury Crosses 3%: Much Ado About Nothing?

On April 24, the US 10-year Treasury yield crossed the 3% threshold for the first time in four years, prompting much discussion about the potential implications for the US economy. But to reference a famous Shakespeare play, is all the media focus much ado about nothing? Franklin Templeton Fixed Income Group’s Michael Materasso says investors shouldn’t fret too much about the number.

Fed Remains in Tightening Mode in March
Fixed Income

Fed Remains in Tightening Mode in March

The US Federal Reserve remained in tightening mode at its March monetary policy meeting, raising its benchmark interest rate for the sixth time since December 2015. Chris Molumphy, chief investment officer, Franklin Templeton Fixed Income Group, offers his take on the market implications—and why he feels it’s more important for investors to focus on the US economy’s (healthy) fundamentals rather than the exact number of rate increases this year.

The Fed’s Balancing (Sheet) Act
Fixed Income

The Fed’s Balancing (Sheet) Act

The Federal Reserve’s September policy meeting played out largely as expected, as US monetary policymakers left the central bank’s benchmark short-term interest rate unchanged. The Fed did clarify when it would begin to unwind its hefty balance sheet, and updated its economic forecasts and interest-rate projections. Chris Molumphy, Franklin Templeton Fixed Income Group CIO, says the communication from the latest Fed meeting should not rattle the markets much, and that the next interest-rate hike now seems most likely to come in December.