As do many economists, I have a strong bias for free trade. These are not happy times for those of us with such a perspective.
The burning question for equity investors is: what will happen to earnings in 2017?
Every quarter, we update our global forecast map. Explore our key themes by region in our latest infographic.
We expect equities to continue their slow uptrend into next year.
Senior Global Economist James Balfour explores some of the key macro themes influencing global markets.
Fiscal policy developments could create bond market volatility going forward, but historically low interest rates are likely to persist.
Our bank loan team has long believed that BB-rated bank loans can be very attractive to asset allocators who wish to reduce volatility, improve risk/return trade-offs, and ameliorate drawdown in high risk categories such as high yield and equities.