Global integration has clearly not stopped, but it is changing. Even with the pandemic’s disruption of global supply chains and rising U.S.-China tensions, investors should continue to count on a world that seems to be further integrating, rather than falling apart.
FIFO gives China the global distribution edge across export sectors, even those that fell.
Something will at some point, but the most plausible downside scenarios still look like a stretch for this year and next.
With the Fed’s “tapering” clock now officially ticking, many Emerging Markets face an even more urgent challenge to tackle the pandemic.
The Federal Reserve in March raised its forecasts for GDP growth, inflation and employment, based on the $1.9 trillion in new stimulus signed into law and an accelerated vaccine rollout.
Even as the U.S. economy rockets higher, last week's jobs miss will start to raise questions about what is a sustainable trajectory.
Exceptional garden pinks and yellows mark the arrival of seasonal spring, but the world’s economic data outline a “coiled spring".
The Fed doesn’t need to act anytime soon, but Powell needs to reassure investors that he sees the same strong data they do.
As part of the U.S. economy's welcome recovery from the pandemic, inflation expectations and nominal interest rates have been on the rise-more recently, so have real rates, and the market response has become somewhat complicated.
Fidelity's Asset Allocation Research Team (AART) examines major themes in global financial markets and presents its investment outlook in this quarterly market update.
Markets have learned to brace for each new set of measures, but now it’s more important to watch for any evolution in the bilateral relationship.