Market Strategy Video July 2014
The global economy is speeding up, especially in the United States and the United Kingdom. The Eurozone, on the other hand, is lagging. What about emerging economies? Moreover, the FED should soon have finished its tapering, thus gradually starting to raise its key rates. In Europe, the ECB recently made some important decisions. What impacts can we expect on rates? Last of all, our recommendations for the month include stock markets (which are at their highest), mature markets (remaining our favorites), emerging economies (less well oriented) and, finally, a word of caution on bond markets.
1. A global economy speeding up
2. Main factor of uncertainty: long term interest rates