The uncertainties faced by financial markets over the recent months have been making forecaster’s lives difficult. The two big questions over growth and inflation continue to preoccupy. Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, discuss what’s been catching their attention over the past month and how these factors are influencing projections. Can the US economy maintain the resilience shown so far and will growth continue on an upward trend? How sticky will inflation prove to be? This month discusses how these two elements are crucial to understanding the next steps for the Federal Reserve and, consequently, market direction. It also looks at how these factors are playing out across the different regions and asset classes.Read The Global Investment Views of the month (https://research-center.amundi.com/article/global-investment-views-may-2024) Hosted by Ausha. See ausha.co/privacy-policy for more information.

Recent weeks have seen gains in the Magnificent Seven with rallies spreading across other sectors and US and European equities setting record highs. But how much longer can the equity markets keep rising and what has been driving this climb? Giulio Lombardo and Monica Defend, Head of Amundi Investment Institute, take a closer look at the reasons behind this upsurge and whether we should expect a reversal soon. Also on an upward trajectory this month was gold. They discuss what’s been going on. This edition also returns to the big question for markets, interest rate cuts, and whether a summer rate cut is still on the cards for the Fed. Will other central banks follow the Fed’s lead or are they plotting their own course? This month’s edition concludes with an update on fixed income and emerging markets, what recent moves have meant for these asset classes and where investors should be looking for opportunities. Hosted by Ausha. See ausha.co/privacy-policy for more information.

The last month has, to a large extent, seen a reversal in investors’ expectations for central bank actions. This has been the hot topic for financial markets over the past few weeks as these expectations filter down into financial data and continue to drive asset prices. However signs of a slowdown are appearing. What factors will be most important to judge market direction going forward?  Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, discuss the state of play and whether the current market sentiment has changed Amundi’s own views. They talk about what’s driving the interest rate cuts as well as the timing and likely sizes of the cuts in the major global economies. They cover what these changes mean for Amundi’s investment convictions across asset classes and regions, and finish by discussing the FX markets and where investors could look for opportunities.Discover the related article: click here (https://research-center.amundi.com/article/global-investment-views-march-2024) Hosted by Ausha. See ausha.co/privacy-policy for more information.

Advances in artificial intelligence have unleashed a new wave of technological revolution, one that promises a torrent of disruption across both financial markets and our daily lives. The speed of transformation has sparked widespread concern, not least about the impact it could have on jobs across a whole range of sectors. As demand surges and generative AI is said to reach the “tipping point” of mainstream adoption, Swaha Pattanaik sits down with Annalisa Usardi, Senior Economist at Amundi Investment Institute, and Bastian Drut, Head of Thematic Macro Strategy at CPR Asset Management, to discuss the transformative impact of the technology and its implications for economies in the short and longer term. They take a closer look at the impact AI might have on productivity, growth and the labour markets, when and where this will most be felt, and how AI might ultimately be a positive development for addressing demographic challenges.Click here (https://research-center.amundi.com/article/will-artificial-intelligence-increase-economic-growth) to discover more on this topic. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Promoting social mobility and equality of opportunity remains a pressing concern for many countries, challenging the very fabric of our society. Hence, understanding the perceptions and representations of equal opportunities is essential to catalyse collective action and support corrective measures. A survey conducted by the OECD with the support of Amundi across 27 OECD countries delves into the perceptions and attitudes surrounding inequality and explores what truly matters for the population in the fight for equal opportunities. In this podcast, Romina Boarini, Director of the OECD WISE Centre, reveals the survey’s main outcomes on the different aspects of inequality, the factors that are seen as playing a major role in climbing the social ladder as well as on the role that different actors are expected to play in reducing inequality and the type of policies and actions that could be prioritised.Read more : https://research-center.amundi.com/article/exploring-perceptions-equal-opportunity (https://research-center.amundi.com/article/exploring-perceptions-equal-opportunity) Hosted by Ausha. See ausha.co/privacy-policy for more information.

We may only be a few weeks into 2024, but the markets have been anything but quiet. After a rocky period at the end of the year, bonds and equities eventually returned to positive territory in January, with the notable exception of China. Central banks remain centre stage, as markets continue to speculate over their next steps. Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, talk over the different forecasts for the next few months and why inflation expectations might prevail over growth when it comes to the timing of interest rate cuts. They also discuss how geopolitical risks might impact some of the main economic indicators. They take a closer look at demand in US and China and the factors that are driving their respective economies. Finally, Monica explains how these factors filter through to Amundi’s current investment convictions, detailing the main views on equities, fixed income, currencies and emerging markets. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Asia faces distinct and complex challenges when it comes to the energy transition as it looks to balance economic development with the necessity to transition to a low carbon economy. The continent is home to around 60% of the world’s population and has significant exposure to the physical risks of climate change, seen in severe floods and heatwaves. At the same time, it also has extensive and affordable renewable energy resources, which gives the continent a unique opportunity to develop its economy using these vast resources.  In this podcast, we look at the role of investment in advancing the energy transition in Asia and talk to some of Amundi’s experts across Asia to learn more about the responsible investment trends, initiatives and policy developments happening in their regions. We also discuss some of the main challenges that need to be overcome and the trends for investors to look out for in the months ahead.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

In our last Convictions podcast of the year, Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, sat down last week to discuss whether any of the recent policy comments or economic data publications might have impacted our main calls for 2024. Are we aligned with the general consensus on when to expect interest rate cuts? What are our expectations for rates by the end of 2024? Persistent inflation levels means patience may be required. They continue the discussions with a focus on Japan, as the country is following a different economic pathway. What are the expectations for the Bank of Japan and what might this mean for investors? The podcast finishes with a look at the themes and regions that might offer potential investment opportunities in fixed income, equities and in emerging markets over the next few months.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

A special edition of Amundi’s monthly Convictions podcast focusing on the outlook for developed markets in 2024. The theme of renewed global disorder has been a topic of conversation for some years, emerging from a convergence of ideological, economic, political and technological transitions. These transitions spread uncertainty on a global scale and have a knock-on effect on how and when policymakers react. 2024 will be a year of transition, of turning tides, in growth, inflation and monetary policy.    Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, take a closer look at Amundi’s outlook for 2024 and what this new global disorder means for markets and investments. What are the main expectations for 2024 in terms of growth across the main regions? When should we expect central banks to start cutting rates? They also discuss some of the main investment risks from the ongoing geopolitical uncertainty and its implications for asset allocation. They finish by taking broader look at some of the investment opportunities that may arise from longer term themes.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

This emerging markets outlook special edition looks ahead to 2024. While a slowdown is expected in developed markets, emerging markets (EM) are likely to prove more resilient next year with the growth premium over developed markets continuing to widen.  Swaha Pattanaik speaks to Vincent Mortier, Amundi’s Group Chief Investment Officer and Yerlan Syzdykov, Global Head of Emerging Markets at Amundi to find out what’s in store and why 2024 is expected to be a year of two halves for emerging markets. They discuss what the forecasts might mean for EM equities, hard and local currency fixed income and FX. They take a closer look at the prospects for the Asian superpowers of China and India and consider which regions and countries might benefit or lose out amid increased global fragmentation and the critical issue of energy transition. Hosted by Ausha. See ausha.co/privacy-policy for more information.