Fed Chairman Powell reiterated the FOMC’s view of the economy as unusually favorable; Argentina has made some gains, courtesy of the IMF; Italy’s latest budget is still a work in progress.
Italy’s expansionary budget goals add to growing risks to sovereign rating
Italy’s announcement of a tentative budget deficit goal of 2.4% of GDP over 2019-2021 could compound the country’s existing debt sustainability challenges. This represents a significant risk to Italy’s A-/Negative Outlook (...)
Jupiter launches Flexible Income Fund managed by Talib Sheikh
Jupiter has launched the Jupiter Flexible Income fund, a sub-fund of the Jupiter Global Fund SICAV. Managed by Head of Strategy, Multi- Asset, Talib Sheikh, the fund will look to harvest a sustainable level of regularincome across multiple asset classes on a global basis. (...)
Financial markets have staged a remarkable recovery since the fall of Lehman Brothers, but it’s been a joyless affair,” says Vice Chairman Edward Bonham Carter. “The ending of central bank support, both feared and wanted, hangs like a sword of Damocles over the (...)
2018 has been marked by various emerging market crises. From Turkey to Argentina, confidence has eroded, resulting in bond and currency chaos. There is a growing focus on South Africa, and our analysis suggests that will (...)