Beyond Bulls & Bears

Italian Politics + US Trade Tariffs = Market Turmoil
Equity

Italian Politics + US Trade Tariffs = Market Turmoil

There seems to be no shortage of market-moving events of late, and no shortage of market volatility. In recent days, oil has hit a four-year high, Italy has been thrust into the spotlight amid a political crisis and trade-war fears between the United States and several of its key allies have again flared up after US President Donald Trump’s administration slapped them with tariffs. Katrina Dudley, portfolio manager and research analyst with Franklin Mutual Series, weighs in on it all.

Why Markets Are More Cautious About the Next Potential Political Pitfall
Fixed Income

Why Markets Are More Cautious About the Next Potential Political Pitfall

Although the Italian constitutional referendum may seem parochial compared with the US election or the Brexit vote, it has the potential to bring further uncertainty to a European Union which is already struggling to digest the implications of Trump’s victory.

US Election Implications for Europe: What Many Observers Are Missing
Fixed Income

US Election Implications for Europe: What Many Observers Are Missing

It’s fair to say that global referendums held recently have not proved terribly successful for their organisers. Whether that unhappy tradition continues with the Italian referendum on constitutional reform scheduled to be held on December 4 remains to be seen.

What Next for Europe and the UK as an Italian Referendum Looms?
Fixed Income

What Next for Europe and the UK as an Italian Referendum Looms?

We think government stability, a weaker currency and accommodative central bank should help minimise the economic repercussions of Brexit.

A New Year’s Vantage Point: Michael Hasenstab

A New Year’s Vantage Point: Michael Hasenstab