DM Markets Chart Pack Will strong earnings growth continue to buoy equities? Healthy economic growth is providing ongoing support to equities, which have performed well over the past month. Indeed, the vast majority of the rise in the MSCI World Index of developed market... 12th October 2017 · 1 min read
DM Markets Chart Pack Some new market forecasts We have revised some of our key market forecasts for currencies, bonds and equities, partly because we no longer expect the FOMC to raise its target range for the federal funds rate again this year. 15th September 2017 · 1 min read
DM Markets Chart Pack Government bond yields likely to rise further A reassessment of the prospects for monetary policy has contributed to a significant, and similarly-sized, rise in 10-year government bond yields in the US and Europe over the past month. We expect... 5th July 2017 · 1 min read
DM Markets Chart Pack Surge in US stock market unlikely to continue While we still think that corporate profits in the US will be squeezed by a tight labour market, we now think that the S&P 500 will tread water this year and next, rather than fall back significantly... 8th June 2017 · 1 min read
DM Markets Chart Pack Prospects for euro-zone equities brighten Equities in the euro-zone performed better over the past month than those in the US, amid further good news on the region’s economy and the fading of political risk after France’s presidential... 11th May 2017 · 1 min read
DM Markets Chart Pack We continue to take a bearish view on Treasuries We still take a bearish view on Treasuries. This is because we think that the tight US labour market and its knock-on effects on inflation will push the Fed into faster tightening than markets are... 7th April 2017 · 1 min read
DM Markets Chart Pack The underperformance of Treasuries is likely to continue The gap between the yields of 10-year government bonds in the US and the UK has grown to its largest level in more than thirty years. Even so, we continue to forecast that it will get bigger. 3rd March 2017 · 1 min read
DM Markets Chart Pack Are investors being complacent? The financial markets have been very calm since Donald Trump entered the White House, despite the controversy surrounding his provocative executive orders and tweets. While this probably reflects the... 3rd February 2017 · 1 min read
DM Markets Chart Pack What is the outlook for equity markets in 2017? After a torrid start to 2016, developed market equities ended the year with a bang. But with a more aggressive Fed tightening cycle than most anticipate, growth in China set to slow and geo-political... 6th January 2017 · 1 min read
DM Markets Chart Pack Dollar strength and Treasury weakness likely to continue Since Donald Trump won the race to the White House, investors have had to adjust to the prospect of looser fiscal and tighter monetary policy. Not surprisingly, the prospect has caused the dollar to... 6th December 2016 · 1 min read
DM Markets Chart Pack Will the rise in euro-zone bond yields continue? Euro-zone government bond yields have been on the rise recently. This partly reflects a less dovish outlook for ECB policy. As it happens, we don’t think that the ECB will scale back its stimulus in... 2nd November 2016 · 1 min read
DM Markets Chart Pack UK equities could fare even better Since the UK’s vote to leave the EU, the shares of medium- and large-sized companies have fared better in the UK than in many other advanced economies, owing to the slide in sterling. In common... 7th October 2016 · 1 min read
DM Markets Chart Pack Are US equities set for a rougher ride? Although a lack of volatility in the US stock market has often given way to amajor correction, we don’t interpret the recent low level of the VIX index as asign that equity prices are about to plummet... 1st September 2016 · 1 min read
DM Markets Chart Pack Will US equities shrug off a rebound in the dollar? The US stock market shrugged off some renewed appreciation of the dollarafter the UK’s vote for Brexit – indeed, the S&P 500 rose to a record high inJuly. However, we expect further strength in the US... 2nd August 2016 · 1 min read
DM Markets Chart Pack Sterling’s slide boosts UK equities Perhaps surprisingly, the shares of medium- and large-sized companies fared better in the UK than in the US, the euro-zone and Japan, in the aftermath of the vote for Brexit. Much of this... 5th July 2016 · 1 min read
DM Markets Chart Pack The future still looks bright for the US dollar The latest US Employment Report has dealt the dollar a fresh blow, after its much-improved performance during most of May. Our view, however, is that the currency’s latest fall will be more than... 6th June 2016 · 1 min read
