Leveraged loans have bounced back from a difficult end to 2018, but numerous risks remain. Investors who haven’t already reconsidered their positioning have a rare second opportunity to do so.
Recent economic data from the UK has improved but signs are that this is due to stockpiling ahead of worries over potential Brexit disruption.
We see US profits falling 4% in 2020 as slower growth and higher wage costs hit companies’ profit margins. But we have modelled a range of alternatives - and charted the potential impact.
Economic and Strategy Viewpoint
In our latest forecast update, we cut our 2019 global growth projection again but we still think the US and world economy will avoid recession.
Pablo Riveroll discusses the risks and rewards in Latin American equities, and explains their attractiveness compared to other regions.