Our experts discuss the key challenges facing central banks in today’s environment.
Our “Un-Making the Rules” roundtable participants chose these charts to illustrate the potential market implications of an easier regulatory environment in the US.
For months we have favored equities over credit and credit over rates. This is predicated on an expectation of a broadening global growth, aided by expansionary policies and potential deregulation in the US, and undemanding valuations in equities relative to bonds.
Beyond the US we see a more nuanced regulatory landscape, shaped by the divergent domestic priorities of the largest developed- and developing markets. We compare the investment takeaways in Europe, where cross-border standards are being reset, and in China as the focus returns to reform.
In the short term, the expectation of less regulation is helping to build confidence in corporate America. But over a one- to three-year horizon the boost to growth could be meaningful, in combination with tax reform and infrastructure spending.
We believe investors should look beyond the headlines and toward the long term when it comes to investing in emerging markets.
Andrew Alford explains why concerns about the growth of index-based investing are overblown.
The reasons we think investors should keep Japan on their radars in 2017.
Stay connected on the latest market developments and investment themes
Against a backdrop of strengthening growth and a retreat from globalization, in this edition of the Macro Insights we share our views on the implications of a shifting regulatory landscape.
Access more insights from across GSAM
Select your role below for a targeted experience.