Market Insights
Amundi's Market Insights
Our key convictions are explored through three different document types:
- Monthly Market Views;
- Weekly Market Directions;
- Global Investment View Infographic.
Created in conjunction with the
Monthly Market Views: April 2024
Commentary by Monica Defend
4 themes driving markets:
- US economic resilience under watch;
- Central banks divergences in sight;
- Geopolitics and US elections in focus;
- Emerging markets are powering ahead.
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Weekly Market Directions: 15th April - 19th April 2024
Global growth forecast revised higher, again
Key takeaways:
- With 2024 global GDP growth forecast similar to the numbers of 2023, the IMF is no longer expecting a slowdown.
- While less optimistic than the IMF, we have also just increased our global growth forecast to 2.8%.
- Equities may prolong their rise, conditional on continuing disinflation. Global equity and India in focus.
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Global Investment Views Infographic: April 2024
The late-cycle environment plays out
4 trends identified for the month ahead:
- Play rotations in equity with Europe and Japan;
- Central banks divergences may favour global bonds ;
- Seek income in credit;
- Explore EM Asia and India.
The Amundi Investment Institute platform combines an explanation of what’s going on in the economy and markets with implications for investors. They produce a range of regular and ad-hoc publications tailored to a wide range of readers.
The Cross Asset Investment Strategy offers clients and a one stop guide to the best of Amundi's investment and thought leadership ideas, while Investment Talks explores the latest insights and trends sharing investment decisions.
Discover the latest editions published by the Amundi Investment Institute below;
Cross Asset Investment Strategy
March 2024
6 questions concerning the weakness behind US resiliency
In this edition, Mahmood Pradhan, Head of Global Macroeconomics - Amundi Investment Institute and Annalisa Usardi, CFA, Senior economist - Amundi Investment Institute discuss:
- The US economy is showing signs of deceleration, with falling profit margins and a decline in the leading economic index suggesting a potential slowdown in the coming quarters.
- Rising delinquency rates on credit card and auto loans signal increased financial stress, especially among younger and lower-income households.
- Restrictive monetary policy and high mortgage rates are contributing to low housing market activity and this trend should also continue in 2024.
Investment Talks
15 January 2024
DPP wins Taiwan elections: key take-aways for investors
In this edition, Anna Rosenberg, Head of Geopolitics, Amundi Investment Institute and Nick McConway, Head of Asia ex-Japan Equity, Amundi, discuss:
- What are the main geopolitical implications of this election outcome?
- How do you expect China to react and how do you see China-Taiwan scenarios evolving?
- What are the main domestic policies that will be in focus under the new government?
- What are your macroeconomic views for Taiwan?
- What will be in your view the market impact of this election outcome?
* Diversfication does not guarantee a profit against a loss
Important information
Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of end of January 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.
Date of first use: January 2024
Doc ID: 3363079