Beyond Bulls & Bears

A continued focus on fixed income versus equities
Multi-Asset

A continued focus on fixed income versus equities

The longer-term risks of sticky inflation, monetary policy changes and slowing economic growth continue to challenge the markets. Within this uncertain backdrop, Franklin Income Investors’ Ed Perks shares his latest outlook and the investment opportunities he sees across fixed income and equities.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

There is plenty to focus on this week, with some key macro data coming out (US CPI), the US debt ceiling in focus (Biden-Congress talks), and the Bank of England decision (Thursday). In addition, the concerns around the US regional banks will no doubt remain a driver for markets.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Corporate earnings will continue to dominate this week, with tech heavyweights a focus in the United States. Microsoft. A large number of European and Asian companies also report earnings this week.

Quick Thoughts: How to avoid making a unicorn skeleton
Multi-Asset

Quick Thoughts: How to avoid making a unicorn skeleton

Stephen Dover, Head of Franklin Templeton Institute, crunches the data to decipher the odds of a US recession this year and the implications for investor portfolios.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

The next two weeks could be key for setting the tone into year end. There are several central bank meetings this week, including the Reserve Bank of Australia, Fed, Norges Bank and Bank of England. Wednesday’s Fed interest-rate decision and statement will likely be the key event of the week.

On my mind: Rollercoaster ride to reality
Fixed Income

On my mind: Rollercoaster ride to reality

We are witnessing a major shift in the fixed income investment environment. Franklin Templeton Fixed Income CIO Sonal Desai assesses the role of global and country-specific driving forces, and shares her views on the investment opportunities ahead.

Notes from the Trading Desk: Europe
Equity

Notes from the Trading Desk: Europe

Headwinds persist and volatility remains, and investors seem to be looking beyond the immediate issues that have been weighing on stocks, giving the market short-term, risk-on moves higher.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Energy prices continue to be a focus for the markets. European gas prices have edged back towards their year-to-date highs. In addition, relatively low water levels in the Rhine are not helping sentiment and could continue to dampen German economic growth.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Despite the strength in the market overall, a number of headwinds persist for European corporates, and one area of focus is the Rhine river water level, which continues to drop. This could have the potential to restrict the transportation of goods through central Europe, at a time when the continent is already suffering the worst energy crisis in decades.

On my mind: Are we there yet?
Fixed Income

On my mind: Are we there yet?

Are we there yet? Fed Chairman Jerome Powell hedged himself carefully at the July press conference; markets heard it as confirming expectations that we are closing in on the terminal rate and that the Fed will likely start cutting again as early as March of next year. Our Fixed Income CIO Sonal Desai is not so sure—here are her thoughts:

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Last week’s rally was a welcome relief for equity investors, but questions remain as to the reasons for the move. It seems likely that the market bounce was driven by some month- and quarter-end positioning from oversold levels, but hopes rose that we could be approaching peak inflation thanks to declines in commodity prices.

PODCAST: Looking beneath the surface of monetary policy tightening
Perspectives

PODCAST: Looking beneath the surface of monetary policy tightening

Thought leaders from Franklin Templeton and our specialist investment managers discuss how the largest Fed hike in nearly three decades, along with the possibility of subsequent significant hikes, could impact US markets and the economy. Plus, which developed and emerging markets face the most challenging economic and investing environments.