Market Perspectives ǀ Monetary balancing acts

In Short

The monthly ‘Market Perspectives’ by the experts of our Macro & Market Research Team.
Market Perspectives

Highlights:

In this latest issue of our monthly ‘Market Perspectives’, the experts of our Macro & Market Research Team focus among other topics on:

  • Markets have already priced a lot of growth optimism, but the grand reopening’ is unlikely to disappoint, with vaccinations now proceeding swiftly in Europe.
  • Central banks face a balancing act in preparing markets for an unwinding of emergency measures. We expect this to happen in a controlled fashion over the summer, though we acknowledge the risk of communication accidents amid overheating concerns in the US.
  • We keep a moderate pro-risk tilt favouring Equities and Credit over longer-dated Govies. Inflation swaps remain attractive amid mounting overheating worries in the US. Avoid unhedged USD exposure.

 Download the full report

Vincent Chaigneau

Si vous avez des difficultés à écouter le podcast, veuillez cliquer ici.

Also interesting

Picture

© Generali Investments, all rights reserved. This website is provided by Generali Investments Luxembourg S.A. (Generali Investments) and is considered as a marketing communication and financial promotion related its products and services. Moreover, the website may contain marketing communication and financial promotion of products and services of companies part of the multi-boutique platform coordinated by Generali Investments Partners S.p.A. Società di gestione del risparmio, and in particular of Generali Global Infrastructure, Sycomore Asset Management, Aperture Investors LLC., Plenisfer Investments SGR, Lumyna Investments and Generali Real Estate S.p.A. Società di Gestione del Risparmio.