Weekly Market Monitor

A weekly summary of global market activity, including performance of key equity and fixed income indices, currency and commodity information, bond yields and spreads and key economic indicators.

 

Download the Weekly Market Monitor

Other news

May 2022 Cross Asset
05/11/2022 Cross Asset

A Late Cycle With a Greater Focus on Inflation

May 2022 | We are witnessing significant divergences in the economic outlook (we have revised down the EU and Chinese economic outlooks vs. that for the more resilient US economy) and in market performances. From an investment standpoint, while investors should maintain a neutral risk stance, there is room to play these divergences across the different asset classes. As the great asset repricing unfolds, investors should be ready to adjust their allocations to deal with inflation.

May 2022 GIV
05/02/2022 Global Investment Views, Equity, Fixed income

Looming Divergences and the Great Asset Repricing

We are witnessing significant divergences in the economic outlooks and in market performances. From an investment standpoint, while investors should maintain a neutral risk stance, there is room to play these divergences across the different asset classes. While short-term inflation may start to decelerate, the long-term view is increasingly showing that sticky inflation remains high in light of geopolitical risks and the supply chain stress amid Shanghai’s lockdown. The US economy remains solid while the Eurozone is the most exposed to stagflationary risk. We will most likely see at least a short-lived recession in the second half of 2022, triggered by Germany and Italy, while France and Spain might show some resilience.

Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your financial professional or Amundi US for a prospectus or summary prospectus containing this information. Read it carefully. To obtain a free prospectus or summary prospectus and for information on any Pioneer fund, please download it from our   literature section.

Securities offered through Amundi Distributor US, Inc.
60 State Street, Boston, MA  02109
Underwriter of Pioneer mutual funds, Member   SIPC.   

Not FDIC insured | May lose value | No bank guarantee                    Amundi Asset Management US, Inc  Form CRS         Amundi Distributor US, Inc.  Form CRS