Explore stories from Atlantic Canada.
Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaLONDON - Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in U.S. stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve interest rate cuts to be revised.
Amelie Derambure, senior multi-asset manager at Amundi, Europe's biggest asset manager, said she still expected long-term gains from U.S. stocks but had bought put options to protect against a 10% fall. She had also switched some cash out of Treasuries into euro zone bonds.U.S.
The S&P remains highly valued, with a price-to-earnings multiple almost 7 percentage points above Europe's Stoxx 600, LSEG data shows. "Diversifying towards Europe today makes a lot of sense," he said."Each time you have a new wave of inflation you will see a big outperformance for Europe." Amundi's Derambure said she still expected Fed cuts but had topped up on euro zone government bonds in recent weeks to wait"for this washout in U.S. fixed income to be over".
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street says a Wall Street revival is finally hereBig bank bosses are not hiding their enthusiasm about Wall Street as first-quarter jumps in investment banking spur new hopes for a sustained dealmaking...
Read more »
Wall Street stocks gain as investors focus on Fed movesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Wall Street and Main Street still see gains for gold next week amid extreme volatilityThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
State Street Said to Explore Acquisition of SocGen’s Custody ArmState Street Corp. is exploring a potential acquisition of Societe Generale SA’s custody business, people with knowledge of the matter said, as the French lender pushes to streamline its operations.
Read more »
Goldman Says It’s Time to Take Tech Profits and Invest ElsewhereGoldman Sachs advises investors to sell their tech stocks and explore other investment opportunities.
Read more »
Goldman Says It’s Time to Take Tech Profits and Invest ElsewhereGoldman Sachs advises investors to sell their tech stocks and explore other investment opportunities.
Read more »