01 March 2024
Welcome to our March edition of “Market Perspectives”, the monthly investment strategy update from Barclays Private Bank.
In our regular chapters below, following recent hotter-than-expected US economic data, we highlight how a delay in central bank rate cuts might affect financial markets. While the base case remains that the global economy is likely to slow this year, we examine which sectors of the equity market might benefit most should the data keep shooting the lights out in 2024.
Turning to bonds, as the strong economic numbers push back the timing of US rate cuts and investment grade bond spreads tighten, we examine whether the long-term prospects for corporate debt might be brighter?
Finally, last year was the warmest on record, while the risk of extreme weather and biodiversity destruction grows. Our latest sustainability chapter looks at investment opportunities in the green start-up sector that can could allow investors to diversify portfolios while potentially tackling these issues.
As always, we hope you enjoy the articles, and we thank you for entrusting us with your investments.
Jean-Damien Marie,
Head of Investments, Private Bank
In the wake of explosive pandemic debt financing, find out how concerned investors should be by the depth of governments’ fiscal wells.
Find out the latest on ship crossing trends, the US yield curve, inflation expectations, the American labour market and growth prospects.
With global equities posting new highs, what sectors might be best positioned for a continuation of this “goldilocks” environment?
Amid rapid series of rate hikes, default rates being on the rise, but a recession seeming unlikely, is this good weather for investing in corporate bonds?
Can green start-up ventures tackle global temperatures, protect and regenerate nature and biodiversity, while also helping to diversify portfolios.
As many equity markets hit record highs and the risk of a sell-off grows, what does might this mean for portfolio positioning?
How might the latest geopolitical flashpoints and US rate-cut expectations affect the outlook for “quality” stocks, bonds and gold?
Can Indian financial markets keep powering higher, with a general election due, ambitious earnings expectations and less optimism over rate cuts?
