At the midyear point, answers to some of 2017’s burning questions about the global economic recovery and financial markets are coming into focus. Capital Group portfolio managers Jody Jonsson and David Hoag and economist Darrell Spence join host Matt Miller for a lively exchange of ideas with profound implications for investors
For the first time in years, the world’s major economies all appear to be on the road to recovery. Heading into the second half of the year, clarity is improving on many fronts, but questions remain: Can U.S. markets sustain their winning streak? Will Europe finally turn the corner? What will rising rates mean for investors? And will politics upend everything? Here are four key themes and investment implications to consider as you position portfolios for the balance of 2017 and beyond.
It’s been a long, tough slog for dollar-based investors in international equities the past several years. A remarkable run for the dollar raised doubts about making international stocks part of a well-diversified portfolio. Those concerns — planted by years of sluggish growth and political uncertainty in Europe, deflationary pressures in Japan and weak emerging-markets economies — appear to be coming to an end.
Is there a future for Britain beyond Brexit? Portfolio manager Jonathan Knowles will have you convinced there is. This Singapore-based, 25-year industry veteran covers the investment implications of nationalism in Europe, internet advances in China, headwinds in the emerging markets and technological disruption just about everywhere.