What might stagflation mean for long-term return forecasts?
Despite the wall of worry facing markets in the short term, longer-term prospects are better. Discover our latest long-term asset-class return forecasts.
Welcome to the April edition of “Market Perspectives”, the monthly investment strategy update from Barclays Private Bank, which is also available to download as a PDF at the bottom of this page.
In our regular chapters below, we examine what the potential effects of last month’s US and Swiss bank collapses might have on prospects for global growth, inflation and interest rates.
Meanwhile, our updated capital market assumptions look at the long-term forecasts for the global economy, equities, bonds and other asset classes.
In general, while bonds are back in town as an income play, equities retain their long-term appeal. But, clearly, a diversified portfolio is key to riding out spikes in volatility.
Beyond our usual asset class and financial market analysis, we also highlight the role commodities can play in diversifying portfolios at a time of geopolitical risk, volatile financial markets and stubbornly high, if slowing, inflation. In addition, we look at the dangers of so-called ‘home bias’.
As always, we hope you enjoy the articles, and we thank you for entrusting us with your investments.
Jean-Damien Marie and Andre Portelli,
Co-Heads of Investment, Private Bank
Insights for April
Despite the wall of worry facing markets in the short term, longer-term prospects are better. Discover our latest long-term asset-class return forecasts.
Find out more about US bank liquidity, bond market volatility, the frequency of bank failures, the rate outlook and a 36-year record move in bond yields.
After a volatile time for investors after the demise of Credit Suisse and SVB, what next for the bond market?
Find out why commodities can help to diversify portfolios at a time of mounting geopolitical risk and high inflation.
Investing in local equities and bonds might feel the right thing to do. Find out why doing so might not be as safe as houses as you thought.
Can “quality” stocks and bonds keep shining, despite recent financial-market tensions, and gold remain the pick of the crop in commodity markets?
As many economies face a recession, India looks like being a bright spot. Get to grips with the prospects for the country’s economy and financial markets.
All the articles published in Market Perspectives are also available to download here as a PDF: