Commentary by Monica Defend
4 themes driving markets:
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Market movements over the summer
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The outlook for US growth
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An update on inflation and central bank action
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The impact of the US elections
Monthly Market Views: September 2024
2024_09 - Monthly Market Views-EN Long
Monthly Market Views: September 2024
Weekly Market Directions: September 9-13th, 2024
ECB cuts rates again this year
Key takeaways:
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The ECB cut its benchmark interest rates in the context of falling inflation and weak economic growth.
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We expect the bank to continue on this rate cut path, but it would actively monitor actual incoming data.
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This backdrop calls for a strategically positive stance on government bonds for instance in Europe.
Weekly Market Directions: September 9-13th, 2024
Global Investment Views Infographic: June 2024
Global Investment Views Infographic: June 2024
A summer of reality checks on market expectations
4 trends identified for the month ahead:
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Flexible approach in government bonds
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Play the rotation in equities
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European credit in a sweet spot
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EM divergences to favour the asset class
Amundi Investment Institute
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Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 08 May 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: 1 July 2024
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