In addition to PGIM Fixed Income's Sector Outlooks, this edition of the Market Outlook features perspectives by Robert Tipp, CFA, Chief Investment Strategist and Head of Global Bonds and Nathan Sheets, PhD, Chief Economist and Head of Global Macroeconomic Research.
- In Q2 Showers to Bring More Rain or Flowers? Tipp looks at short-term factors that may be supporting the U.S. dollar, the recent divergence in developed market rates, and how conditions might unfold in the spread sectors over the second half of 2018.
- In It's Only a Flesh Wound-The Global Expansion Continues Sheets and the PGIM Fixed Income Macroeconomics Team cover some of the concerns that may have dented investors' enthusiasm in recent months. Despite concerns about global trade skirmishes, declining central bank liquidity, and pockets of EM volatility, they find that support for the ongoing economic expansion largely remains intact.
- One of the uncertainties facing the emerging markets sector has come from the political front, and in What Elections in Select EM Countries Are Telling Us, our macroeconomics and EM portfolio management teams analyze the recent political results in Turkey and Mexico, while setting the stage for the upcoming Brazilian elections in October 2018.