Why was April’s U.S. jobs report so low? The reasons are nuanced, but I believe 2021 will be a good year for the U.S. economy.Comments Off on April’s terrible U.S. jobs report doesn’t derail my 2021 optimism
As the economy grows, inflation fears are rising. Invesco Fixed Income shares its view of inflation for 2021 and 2022.Comments Off on The grand reopening continues apace, but what about inflation?
We expect the global economy to be in an expansionary regime, with growth above its long-term trend and continuing to improve. Growth is accelerating across the developed world, with the eurozone and the UK seeing meaningful momentum driven by a rebound in the inventory cycle. Emerging Asia is accelerating again, driven by China’s real estate market and a pickup in trade activity across the region. In this month’s update, I explain why this expansionary regime is favourable to equity and credit premia, cyclical factors, and risk assets more broadly.Comments Off on Tactical asset allocation: April 2021
Our final blog post in the 2021 Federal Budget series covers Sales and Excise Tax Measures.Comments Off on Federal Budget 2021: Sales and Excise Tax Measures