Beyond Bulls & Bears

A Long Brexit Delay Seems Likely, but to What End?
Equity

A Long Brexit Delay Seems Likely, but to What End?

With no resolution in place and the clock ticking down, Sandy Nairn, chairman of Templeton Global Equity Group and CEO of Edinburgh Partners, looks at the possible outcomes. He explains why he thinks a long Brexit extension could be the most sensible option, and why he feels the deadlock might only be broken by a fresh plebiscite.

On My Mind: Trade Wars—The Dog That Didn’t Bark
Fixed Income

On My Mind: Trade Wars—The Dog That Didn’t Bark

The prospect of a “trade war” between the United States and China has caused some investor trepidation over the past year. But are the fears of economic fallout from this “war” warranted? And, was there ever really a war at all? Franklin Templeton Fixed Income CIO Sonal Desai weighs in.

The Pace of Innovation and Disruption Is Advancing—What Does This Mean for Investors?
Equity

The Pace of Innovation and Disruption Is Advancing—What Does This Mean for Investors?

With so much new technology being adopted into our everyday lives, what will stand the test of time, and what will simply be a passing phase? Franklin Equity Group’s Matt Moberg argues active management is crucial to weeding out the life-shaping technologies from the hype.

Is the US Yield Curve Signaling a US Recession?
Fixed Income

Is the US Yield Curve Signaling a US Recession?

Although one part of the US yield curve has inverted this year, investment leaders from Franklin Templeton explain why they aren’t concerned about a US recession—at least not yet.

PODCAST: Market Resilience: Strength in Numbers
Perspectives

PODCAST: Market Resilience: Strength in Numbers

Concerns about where the financial markets are heading are at the forefront of many investors’ minds. The risks of a US or global recession this year continue to persist amid slowing global growth, trade tensions and worries about potential geopolitical shocks. Our senior investment leaders see a different story unfolding. In this roundtable discussion, they outline why they think some market observers are misguided and where they see opportunities today.

Can the EU’s Extension Offer Really Break the Brexit Deadlock?
Fixed Income

Can the EU’s Extension Offer Really Break the Brexit Deadlock?

After a nail-biting few hours, European Union leaders have agreed to the UK government’s request to delay Brexit, albeit the extension is less than Theresa May had requested. But our Head of European Fixed Income David Zahn believes the decision does little more than reset the clock and he warns there is still a strong chance that the United Kingdom could still crash out without a deal.

Steady Fed Maintains Dovish Stance
Fixed Income

Steady Fed Maintains Dovish Stance

The US Federal Reserve’s decision to keep interest rates steady at its March meeting came as little surprise, but its updated “dot plot” projections were interpreted by markets as sending a decidedly more dovish signal than expected. Franklin Templeton Fixed Income Group CIO Sonal Desai offers her take on the meeting, and why she feels markets shouldn’t read too much into the dots.

This Isn’t the Way Stock Market Cycles Typically End
Equity

This Isn’t the Way Stock Market Cycles Typically End

Dylan Ball, head of European Equity Strategies, Templeton Global Equity Group, explains why he thinks the current stock market cycle still has some way to run in Europe and why he expects to see an uptick in cross-border merger and acquisition activity.

Do Teachers’ Strikes Have Us Picketing California School District Bonds?
Fixed Income

Do Teachers’ Strikes Have Us Picketing California School District Bonds?

Two large teacher’s strikes in California have made headlines this year, one in Los Angeles and another in Oakland. Neither was prolonged, but both highlight funding concerns in these and other communities. Jennifer Johnston of our Municipal Bond department explains the role investors play in funding public education through municipal bonds.

MPs Say No to No Deal, but an Accidental Hard Brexit Remains a Possibility
Fixed Income

MPs Say No to No Deal, but an Accidental Hard Brexit Remains a Possibility

UK members of parliament have voted to reject a situation in which the United Kingdom crashes out of the European Union without a deal. But with only days until the official leave date, the options for a tidy resolution are limited. David Zahn explains why he expects the UK government now to seek an extension to the Brexit negotiations.

On My Mind: Modern Magical Thinking
Fixed Income

On My Mind: Modern Magical Thinking

In economic (and political) circles, “Modern Monetary Theory” has gotten some buzz of late. What does it mean—and does it have any merit? Franklin Templeton Fixed Income Chief Investment Officer Sonal Desai thinks it’s not only potentially dangerous, but offers intellectual fuel for populism.

Meet the Manager: Sheila Amoroso
Fixed Income

Meet the Manager: Sheila Amoroso

Some people seem to have a career path in place from an early age, while others just sort of stumble into one. Sheila Amoroso, director of Franklin Templeton Fixed Income Group’s municipal bond department, is in the latter camp. You’d probably be hard-pressed to find many young women who aspire to be municipal bond managers—and Sheila was no exception. But, as she made her first foray into financial services, she found the work interesting, challenging and rewarding. And after more than 30 years with Franklin Templeton, that’s still the case.