Central bank bond purchase tapering and rising expectations of policy rate hikes across developed economies are signs of growing confidence in the economic recovery. Global equities and riskier bonds are likely to remain well-supported on a 6-12-month horizon in this environment as inflation-adjusted interest rates stay low, or negative. We retain a preference for US and Euro area equities.
- Manish Jaradi, Senior Investment Strategist, Standard Chartered Bank
- Abhilash Narayan, Senior Investment Strategist, Standard Chartered Bank
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