Market Strategy Video April 2014
Central Banks are still being accommodating and are clearly providing support to the financial markets. How? Furthermore, the gradual recovery of the world's economy is a key hypothesis in our optimistic scenario for risky assets. We are seeing that leading indicators are confirming this recovery, especially in the industry sector. We also think that concerns about China are exaggerated: the country is heading towards lower economic growth. Market worries are focused on the financial sector, the high level of debts and the first credit defaults that have been observed. However, we maintain our positive opinion. Why? Last of all, we'll end this episode with our recommendations on financial markets.
1. Accommodating Central Banks
2. A global economic cycle better oriented
3. Exaggerated concern about China
4. Our recommendations on financial markets