Given the economic and political headwinds and shocks we have experienced in the first six months of 2016, the summer could easily have been characterised by uncertainty and volatility.
The old phrase that ‘no news is good news' has been working its magic in the markets lately – but it may be the calm before the storm, says Robeco's Lukas Daalder.
Over the recent days the Fed has expressed its willingness to move forward with rate
hikes. Yet, recent data releases have been uninspiring in the US. This contradiction led
investors to take profits on both equities and bonds after the summer lull.
Oil prices have been fluctuating widely this summer. Such volatility
adds to the uncertainty facing consumer and businesses and raises
doubts about future oil prices. Analysis by Jeanne Asseraf-Bitton, Head of Lyxor Cross Asset Research...
Global ETPs brought in $39.8bn in August driving year-to-date flows ahead of
2015 pace on strength in emerging markets (EM) and U.S. equities as well as
EM debt and investment grade corporate bonds...