2018: The end of the (QE) affair. M&G’s economic and bond market outlook

Anthony Doyle   13/12/2017   Comments Off on 2018: The end of the (QE) affair. M&G’s economic and bond market outlook

In our latest Panoramic Outlook, Jim Leaviss assesses the forces behind the robust and broad-based nature of global economic growth in recent months and the prospects for this broadly rosy outlook continuing into 2018. He looks at where we are within the current global deleveraging cycle, and asks how high this means that rates can go. In Jim’s view, the quality of investment grade credit has seen significant deterioration in recent years, another factor that is particularly important when considering whether credit spreads can compress further as we go into 2018.

For this and more, please view our 2018 outlook.

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.


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About the author, Anthony Doyle

Years in the bond markets
14
Specialist subjects
Economics and interest rates
Likes
Rugby, steak and red wine, country music
Heroes
David Campese, Banjo Paterson, Johnny Cash