Beyond Bulls & Bears

Full Economic Implications of Coronavirus Largely Unknown
Perspectives

Full Economic Implications of Coronavirus Largely Unknown

As markets continue to assess the impact of coronavirus (COVID-19), the Templeton Global Macro team shares an update on the economic and market implications, which they say could be more detrimental—and last longer—than many observers previously thought.

Five Reasons to Consider Investing in Small-Cap Value Stocks
Equity

Five Reasons to Consider Investing in Small-Cap Value Stocks

“Despite our overall optimistic view on the outlook for small-cap value stocks, we constantly focus on the downside risk.” - Steve Raineri, Franklin Small Cap Value Fund

Implications of the Coronavirus for Natural Resource Investors
Equity

Implications of the Coronavirus for Natural Resource Investors

Despite the coronavirus outbreak’s near-term impact on commodity prices and natural resources stocks, Franklin Equity Group's Fred Fromm explains why he thinks the situation is likely to be manageable for most companies in the long run.

K2 Advisors: First Quarter Hedge-Fund Strategy Outlook
Alternatives

K2 Advisors: First Quarter Hedge-Fund Strategy Outlook

Pricing dislocations in Europe, performance dispersion across the credit spectrum and shifts in the political landscape should likely provide abundant opportunities for select hedge strategies in the year ahead, according to K2 Advisors. The team shares some macro themes and questions its focused on, and shares its outlook for various hedge strategies.

Closing the European Performance Gap
Equity

Closing the European Performance Gap

Although European equities performed well in 2019, there’s still a significant value and performance gap compared to US stocks, according to Franklin Mutual Series Portfolio Manager Katrina Dudley. Here, she gives reasons why she’s optimistic about the backdrop for European value stocks and discusses some potential market-moving events she’s monitoring.

Multi-Asset Implications of the Coronavirus Outbreak
Multi-Asset

Multi-Asset Implications of the Coronavirus Outbreak

The coronavirus outbreak that started in China could certainly be considered an unexpected market shock, one which looks to remain a concern for a while longer. Franklin Templeton Multi-Asset Solutions’ Ed Perks and Gene Podkaminer offer an update on the latest developments in the spread of the coronavirus, its implications for global markets, and outline how they approach unexpected shocks like this one and others.

The UK Has Left the EU. What’s Next Post-Brexit?
Fixed Income

The UK Has Left the EU. What’s Next Post-Brexit?

It’s been 3-1/2 years since the United Kingdom voted to leave the European Union, and the process known as Brexit has been far from smooth. Now that the deadline to leave has passed, what’s next for the United Kingdom, and for Europe? Our Head of European Fixed Income David Zahn says that while there’s no turning back, there are still quite a few kinks to be worked out, including the all-important trade agreements.

Municipal Bond Perspective: Approach High Yield with Caution in 2020
Fixed Income

Municipal Bond Perspective: Approach High Yield with Caution in 2020

As we head into 2020, municipal bonds will likely remain attractive for many tax-sensitive investors, but their performance potential could prove to be relatively muted compared to 2019, according to Sheila Amoroso, director of our Municipal Bond Department. She and her team say this is due to the general level of interest rates and tighter yield spreads, particularly for lower-rated segments of the municipal market. They believe that while now may be a good time to consider a more cautious approach, they still see potential for high levels of tax-exempt income.

Monitoring China’s Outbreak, and Other Potential Market Shocks
Fixed Income

Monitoring China’s Outbreak, and Other Potential Market Shocks

The Templeton Global Macro team takes a look at the implications of the coronavirus in China, and positioning for potential market shocks.

On My Mind: Oops! They QE’d Again
Fixed Income

On My Mind: Oops! They QE’d Again

The US Federal Reserve (Fed) has gone back to expanding its balance sheet. Some claim that quantitative easing (QE) is back; the Fed denies it. What we call it isn’t the point, says Sonal Desai, Franklin Templeton Fixed Income CIO—what matters are the implications of this “permanently loose” policy stance for asset prices, investment strategy and market volatility.

Allocation Views: Taking a Nimble Approach to 2020
Multi-Asset

Allocation Views: Taking a Nimble Approach to 2020

Although easing US-China trade tensions have renewed investor optimism about global economic growth, Franklin Templeton Multi-Asset Solutions’ Ed Perks and Gene Podkaminer still see some potential geopolitical headwinds on the horizon. In the latest edition of “Allocation Views,” they share their concerns and explain why they continue to believe navigating challenges in the year ahead will require nimble management.

Taking a Long-Term View on Oil
Equity

Taking a Long-Term View on Oil

Franklin Equity Group’s Fred Fromm gives his take on global oil markets amid elevated tensions between the United States and Iran.