Beyond Bulls & Bears

Presidential Election Complicates US Market Outlook
Perspectives

Presidential Election Complicates US Market Outlook

The global market outlook is already hazy in light of the COVID-19 pandemic, and the upcoming US presidential election adds another layer of uncertainty. In this excerpt from our Midyear Global Investment Outlook, Sonal Desai, Stephen Dover, Michael Hasenstab and Ed Perks offer their views of today’s investment landscape, including the upcoming US elections and economic outlook.

PODCAST: Considering Mortgage-Backed Securities in a Fixed Income Portfolio
Fixed Income

PODCAST: Considering Mortgage-Backed Securities in a Fixed Income Portfolio

The COVID-19 pandemic has impacted all corners of the market, including mortgage-backed securities. Franklin Templeton Fixed Income’s Paul Varunok takes a closer look at the space, and why he feels they can offer some stability in a fixed income portfolio.

On My Mind: The Fed’s Final Frontier—Negative Rates or Yield Curve Control?
Fixed Income

On My Mind: The Fed’s Final Frontier—Negative Rates or Yield Curve Control?

Given fears of a COVID-19 resurgence and US election uncertainties looming, many investors are wondering what comes next for policymakers in terms of supporting the economy. Our Fixed Income CIO Sonal Desai weighs in on the possibility of negative US interest rates or other measures.

PODCAST: Risk Assets and the Reshaping of the Economy
Multi-Asset

PODCAST: Risk Assets and the Reshaping of the Economy

Franklin Templeton Multi-Asset Solutions' Gene Podkaminer and Wylie Tollette put market activity in perspective amidst a pandemic and social unrest. They also detail why they believe risk assets are most favorable near term.

On My Mind: If You Open It, They Will Come
Fixed Income

On My Mind: If You Open It, They Will Come

After the shock of COVID-19, when will the global economy return to a sense of normalcy? Franklin Templeton Fixed Income CIO Sonal Desai examines some key economic activity indicators in the wake of the pandemic. She shares data on recent changes in US consumer behaviour which seem to signal people are eager to go back to normal life.

EU Delivers Comprehensive Fiscal Rescue Package
Fixed Income

EU Delivers Comprehensive Fiscal Rescue Package

The European Commission has unveiled a sweeping new €750 billion coronavirus fiscal rescue package, including the issuance of new bonds. David Zahn, our Head of European Fixed Income, calls it groundbreaking.

Fed Support Helps Stabilise MBS Market
Fixed Income

Fed Support Helps Stabilise MBS Market

Like most asset classes, mortgage-backed securities (MBS) have seen heightened volatility over the past two months as the world copes with COVID-19 and investors look to reduce risk. The MBS market managed to stabilise amid help from the US Federal Reserve, which purchased these and other securities in a broad support programme. Franklin Templeton Fixed Income Portfolio Manager Paul Varunok offers his outlook for the MBS market in light of recent events.

PODCAST: What’s Next for Markets as Lockdowns Lift: A Multi-Asset View
Multi-Asset

PODCAST: What’s Next for Markets as Lockdowns Lift: A Multi-Asset View

With markets starting to make a comeback, our Multi-Asset Solutions CIO Ed Perks looks ahead to second half of the year, including the implications of  the US economy opening up, the ongoing impact of the massive monetary and fiscal response, and the risk for a wave of downgrades and defaults.

Meet the Manager: Sonal Desai
Fixed Income

Meet the Manager: Sonal Desai

Tending her family’s garden as a child, the seeds were planted for Sonal Desai to succeed in the world of finance and economics through hard work, attention to detail and a research-driven, scientific approach. Today, she leads Franklin Templeton’s Fixed Income team, and is particularly excited about the growth of quantitative science—and how it can complement fundamental analysis. Learn more about Desai.

European Fixed Income: Coming Out of Crisis
Fixed Income

European Fixed Income: Coming Out of Crisis

As European economies slowly start to come out of coronavirus lockdowns, it could be some time before growth returns to pre-crisis levels, according to David Zahn, our Head of European Fixed Income. He says the crisis has been another test for the European Union as the coronavirus has affected some countries moreso than others. But he sees this as perhaps the best time in years to invest in European fixed income.

On My Mind: Now Let’s Get Those Jobs Back
Fixed Income

On My Mind: Now Let’s Get Those Jobs Back

COVID-19 has taken a toll on human lives as well as the global economy, with the latest US employment figures revealing a shocking number of job losses in April. Franklin Templeton Fixed Income CIO Sonal Desai weighs in on the situation, saying the next few weeks will likely prove crucial in shaping the course of the labour market for the remainder of this year.

ETFs and a Tin of Soup!
LibertyShares

ETFs and a Tin of Soup!

In these times of heightened market volatility, exchange-traded funds (ETFs) have delivered on the main attributes that attract investors to utilising the wrapper—liquidity, transparency and cost efficiency—according to our Head of EMEA ETF Capital Markets Jason Xavier. He explores the subject a bit further and dispels some of the recent comments directed towards fixed income ETFs in particular, which he says is inaccurate.