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Market Views & Insights
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Market Views & Insights
Asia Intelligence, November 2010MFC Global Investment Management's regular roundup of market views from our investment teams on-the-ground in ten markets across Asia. Asset Allocation View, November 26, 2010The tactical risk outlook has been made murky by recent better-than-expected U.S. manufacturing data. Two months of gains in an index of new manufacturing orders by the Philadelphia branch of the U.S. Federal Reserve, and an uptick in the ISM’s measure of new orders net of inventories, suggest the manufacturing recession that we have been anticipating may at least be delayed. We still think it’s going to happen, though. Global Intelligence, October 2010MFC Global Investment Management's quarterly roundup of economic and market views from our global investment teams Asset Allocation View, November 2, 2010Risky asset markets have continued higher in expectation of an ultimate recovery. We remain defensively positioned but are monitoring the information changes. Market Commentaries
Canadian Market Outlook, July 2010Canada's S&P/TSX Composite Index fell 5.5% in the second quarter and is now down 2.5% for the year. North American Fixed Income, July 2010North American credit spreads widened in the second quarter of 2010 as risk premiums rose against a backdrop of European sovereign debt worries and a slowing economic recovery. Global Market Outlook, July 2010The second quarter of 2010 ended in a downbeat mood, with fears of a double dip in both economies and equity markets, amongst great uncertainty about the economic and corporate environments. U.S. Market Outlook, July 2010U.S. stocks were severely strained in the second quarter, with the S&P 500 index down 11.4% in U.S. dollar terms. |
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