Beyond Bulls & Bears

Biotech Innovations Remain at Forefront
Equity

Biotech Innovations Remain at Forefront

The first quarter of 2021 was challenging for investors in biotechnology, but Franklin Equity Group Portfolio Managers Evan McCulloch, Wendy Lam and Akiva Felt believe the second half of the year will likely bring welcome tailwinds for the industry. They offer an update on investment opportunities they see, and why they believe biotech companies will remain at the forefront through the pandemic period and beyond.

Notes from the Trading Desk—Europe
Equity

Notes from the Trading Desk—Europe

Equities in the United States and Europe continued their grind higher in a holiday-shortened week, which led to lighter volumes and newflow last week. Concerns over rising COVID-19 cases were a concern in a number of countries.

Quick Thoughts: The American Jobs Plan is Not Just an Infrastructure Plan
Perspectives

Quick Thoughts: The American Jobs Plan is Not Just an Infrastructure Plan

The American Jobs Plan is not only the biggest traditional infrastructure proposal in over 50 years, but if approved, it will also fund significant investments in human and environmental infrastructure. However, its implications include significant changes to corporate and individual tax rates. Chief Market Strategist Stephen Dover believes environmentally aware investing will likely substantially increase and fossil-fuel companies will likely lose. He says the wise investor will look at how infrastructure is changing.

Secular Tailwinds Prevail Across Market Cycles
Equity

Secular Tailwinds Prevail Across Market Cycles

With global equities trading near record highs, many investors are questioning the potential for continued gains going forward. Franklin Equity Group's Matt Moberg believes we are still experiencing a rich backdrop to invest in innovation as many discrete advancements are becoming economically viable in the economy today. 

Notes from the Trading Desk—Europe
Equity

Notes from the Trading Desk—Europe

The COVID-19 situation in Europe remains precariously balanced, which weighed on reopening hopes. The grounded tanker in the Suez Canal also continues to attract attention, with media reports suggesting nearly 200 ships carrying US$10 billion of goods were stalled as a result of the blockage.

Notes from the Trading Desk—Europe
Equity

Notes from the Trading Desk—Europe

Talk of a third wave of new COVID-19 cases increased across the European Union last week, with France reimposing lockdown in Paris, and German health officials stating cases are accelerating ‘exponentially’. The picture for the UK economy looks more encouraging. New cases remain far below January highs and hospital numbers continue to fall sharply.

Single-Country Allocation: Viewing the Opportunity Through Three Lenses
LibertyShares

Single-Country Allocation: Viewing the Opportunity Through Three Lenses

The case for disaggregating international exposure by allocating to single countries remains strong, according to Dina Ting, Head of Global Index Portfolio Management, Franklin Templeton Exchange-Traded Funds. She outlines three investment lenses that shape her team’s views.

Notes from the Trading Desk—Europe
Equity

Notes from the Trading Desk—Europe

Last week saw stabilisation in European government bond yields, which in turn, led to rotation back into some of the more recent losers, and defensive stocks. Alongside this, the reopening trade was firmly in play.

In the Know: Is Crypto a Speculative Play, or Here to Stay?
Alternatives

In the Know: Is Crypto a Speculative Play, or Here to Stay?

In the past few years, cryptocurrencies have certainly attracted speculators given their dramatic price moves, but is there a long-term case for crypto from a practical standpoint, and for more traditional investors? We posed these and other questions to Franklin Equity Group Research Analyst Anthony Hardy, who shares his thoughts.

Come Together: Why Merger Arbitrage Strategies Deserve Renewed Attention
Equity

Come Together: Why Merger Arbitrage Strategies Deserve Renewed Attention

Despite historically high market valuations, merger and acquisition activity remains subdued. Franklin Mutual Series CIO Christian Correa explains why corporate mergers have slowed, and why he thinks merger arbitrage strategies are worth paying attention to as activity in this area picks up.

Notes from the Trading Desk—Europe
Equity

Notes from the Trading Desk—Europe

Last week, volatility in bond yields remained a key driver for equity market sentiment. In particular, mid-week commentary from US Federal Reserve (Fed) Chair Jerome Powell was a key talking point.

PODCAST: Putting Inflation Concerns in Perspective
Perspectives

PODCAST: Putting Inflation Concerns in Perspective

In our latest "Talking Markets" podcast, Franklin Templeton’s Chief Market Strategist, Stephen Dover, speaks with our Gene Podkaminer, Western Asset’s Mark Lindbloom, and ClearBridge Investments’ Michael Clarfeld about interest rates, deficits, inflation concerns, commodity prices, rising US Treasury yields, and the global rollout of the COVID-19 vaccine.