In the video below, Keith walks you through our top 3 global macro themes ahead of our Q1 2014 Macro Themes conference call tomorrow.
REMINDER: We will be hosting our Quarterly Macro Themes conference call tomorrow, January 9th at 11:00am EST. The accompanying presentation will detail the three most important macro trends that our team has identified for the quarter, as well as the associated investment opportunities.
- Toll Free Number:
- Direct Dial Number:
- Conference Code: 897866#
- Materials: CLICK HERE (slides will be available one hour prior to the start of the call)
Q1 2014 THEMES OVERVIEW
#InflationAccelerating: Across the globe, reported inflation readings are poised to accelerate from post-crisis lows as easy comps, a commodity base effect and accelerating wage pressures all come to a head in the first quarter of 2014. Moreover, the reemergence of inflation as a core macro risk threatens to materially alter the investment landscape going forward.
#GrowthDivergences: Looking to the U.S., Europe, China and Japan, we see the heavyweights of the world economy diverging from an economic growth perspective as some countries and/or regions are much further along in the economic cycle than others. We highlight those divergences and identify which countries and/or regions you want to be allocating assets to at the start of the year.
#FlowShows: in Q1 we expect a continuation of fund flows out of fixed income and into equities: the “Queen Mary” has indeed turned, aided by the Fed’s decision to begin tapering.