Beyond Bulls & Bears

Theresa May Holds on, but What Does This Mean for Investors?
Fixed Income

Theresa May Holds on, but What Does This Mean for Investors?

Theresa May has survived a leadership challenge called by Eurosceptic members of her own party and will continue to lead the United Kingdom as it heads toward Brexit. But David Zahn, Franklin Templeton Fixed Income Group’s head of European Fixed Income, warns May’s troubles are not over yet. He predicts further volatility ahead for financial markets, but argues there may be opportunities for shrewd active managers.

Theresa May’s Brexit Steeplechase Has Only Just Begun: an Investor’s Perspective
Fixed Income

Theresa May’s Brexit Steeplechase Has Only Just Begun: an Investor’s Perspective

UK Prime Minister Theresa May seems to have cleared the first hurdle in her bid to secure a soft Brexit. Her Cabinet initially backed the withdrawal deal UK and European Union negotiators have agreed to. But subsequently, a number of Cabinet members resigned. David Zahn, Franklin Templeton’s head of European Fixed Income, warns her most difficult challenge still lies ahead. And he believes there remain plenty of obstacles in her path, with profound implications for investors.

How the German Election Could Dictate Europe’s Future Direction
Fixed Income

How the German Election Could Dictate Europe’s Future Direction

"These are optimistic times in Europe, in general. In contrast to what many observers might have expected nine months ago, the political structure in Europe is probably the most stable it’s been in 10 years.” - David Zahn, Franklin Templeton Fixed Income Group

French Election Result: Macron Wins, But Can He Deliver?
Perspectives

French Election Result: Macron Wins, But Can He Deliver?

There were no surprises as French voters elected Emmanuel Macron as their new president after the second round of voting. Franklin Templeton's investment professionals share their thoughts on the prospects of a Macron presidency and suggest it might not be plain sailing for the self-styled political outsider.

An Investor’s View of the French Presidential Election
Fixed Income

An Investor’s View of the French Presidential Election

"Despite the failure of the anti-immigration, anti-European Union (EU) party to make significant in-roads in the recent Dutch elections, we don’t think we can discount the influence of populism in upcoming European elections completely." - David Zahn, Franklin Templeton Fixed Income Group®

Rising US Dollar a Mixed Bag for World’s Currencies
Fixed Income

Rising US Dollar a Mixed Bag for World’s Currencies

After years in the doldrums, the US dollar may be ready for a durably strong rally. Programs enacted by the Federal Reserve Bank (Fed) in the wake ...

The Eurozone Plots Its Long Road to Recovery
Fixed Income

The Eurozone Plots Its Long Road to Recovery

Growth in much of Europe is slow—some observers even say the economy is moving sideways. Lately, the eurozone seems to have more in common with ...