Beyond Bulls & Bears

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.

To Rebalance or Not to Rebalance: How to Think about Truing up Asset Allocations in Times of Market Stress
Multi-Asset

To Rebalance or Not to Rebalance: How to Think about Truing up Asset Allocations in Times of Market Stress

Some investors use a set-it-and-forget-it approach to their portfolios, but there are times when the asset mix may need to be recalibrated to achieve one’s goals. Here, Franklin Templeton Multi-Asset Solutions' Gene Podkaminer and Wylie Tollette discuss the importance of rebalancing one’s portfolio, especially during times of market turmoil, and how different types of investors can accomplish the task.

PODCAST: A Different World: Expect Significant Changes Following the Coronavirus Crisis
Fixed Income

PODCAST: A Different World: Expect Significant Changes Following the Coronavirus Crisis

The coronavirus crisis has brought a number of uncertainties, including what will happen in the aftermath. Will economic growth quickly rebound? Will there be lasting societal changes? In our latest “Talking Markets” podcast, Dr. Michael Hasenstab, Chief Investment Officer, Templeton Global Macro, offers his take—and some considerations for investors.

Fixed Income View: A Crisis Like No Other
Fixed Income

Fixed Income View: A Crisis Like No Other

When times of turmoil hit, most investors become risk-averse, seeking safety over opportunity for higher returns. The coronavirus-driven crisis is no different in that regard. However, John Beck, our director of fixed income, London, sees some striking differences between this and other crises, and offers some thoughts on where he thinks taking some risk today might make sense.

PODCAST: Rescuing the Economy: Impacts of Massive Fiscal and Monetary Stimulus
Fixed Income

PODCAST: Rescuing the Economy: Impacts of Massive Fiscal and Monetary Stimulus

Is history repeating itself or is the coronavirus crisis something completely different? In our latest "Talking Markets" podcast, Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income, explains how the current global economic and market environments differ from past crisis periods. She also outlines how she sees different recovery scenarios playing out across the United States and around the world.

On My Mind: Bringing the Economy Back from Life Support
Fixed Income

On My Mind: Bringing the Economy Back from Life Support

With recent data showing a coronavirus-driven recession in the United States appears inevitable, the question for many investors is how long it will last. Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income, weighs in on the differences between this one and other recessionary periods—and whether policymakers can engineer a recovery.