FN Marktrapporten is een service voor de betalende abonnees van Fondsnieuws. De dienst geeft toegang tot de database met research van meer dan 45 asset managers. Dagelijks wordt vroeg in de ochtend in een aparte e-mail een overzicht toegestuurd van alle nieuwe researchrapporten. Deze e-mail dienst heet de Morning Call.
The deleveraging process in the US appears to be coming to a close. A significant increase in government borrowing is likely to drive overall debt higher, while we expect a modest re - leveraging from households.
In May, we highlighted a moderation in the global growth outlook, and in June we noted shifting momentum toward the United States. Underlying both those trends is our view that the recent strong global growth will moderate in 2019. In the United States, fiscal stimulus from the tax cuts will fade. Across Europe, concerns about trade and political leadership should continue to be a mild headwind to growth.
Each week at the moment looks like the last. Investors are split between persistently good fundamentals and trade tariff developments. Sentiment picked up in the previous week on news that auto industry talks were to be held but then Donald Trump said he would be adding another $200bn in Chinese imports to be taxed after Beijing reacted to the first tariffs becoming effective on July 6.