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Making sense of the Market Rebound

20 February 2019

Frances Donald, Head of Macroeconomic Strategy, Manulife Asset Management

 

The start of this year saw the return of risk-on sentiment as investors welcomed a newly dovish Fed and signs the Chinese economy is over the worst – but geopolitical tensions and the growth outlook are lingering concerns. Nonetheless, the inflection point in Chinese policy has also supported global risk sentiment as expectations of a Chinese economic stabilisation feed through into an improved global growth outlook, at least at the margin.

 

  • Facing the headwinds with a brighter outlook (Infographics)

    Read more
  • Re-entering a lower for longer rate environment

    Read more
  • US-China trade war: A framework for thinking about new tariffs (Infographics)

    Read more
See all

Geopolitical developments continue to produce headline risks that whipsaw global markets

Geopolitical developments continue to produce headline risks that whipsaw global markets

China's stimulus injection can be suffcient to provide temporary 12-18 month stabilisation in the Chinese economy, mostly via improved investor confidence, Chinese market sentiment and the expectations of further easing ahead

Upcoming tailwinds in the US economy such as broad-based wage gains and sizable tax refunds will pave the way for an additional rate hike from the Fed mid-year

Upcoming tailwinds in the US economy such as broad-based wage gains and sizable tax refunds will pave the way for an additional rate hike from the Fed mid-year

  • Facing the headwinds with a brighter outlook (Infographics)

    Read more
  • Re-entering a lower for longer rate environment

    Read more
  • US-China trade war: A framework for thinking about new tariffs (Infographics)

    Read more
See all
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