Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SYZ AM expects high liquidity and low interest rates 'for a long time to come’

Thursday, November 28, 2013

Benedicte Gravrand, Opalesque Geneva:

According to SYZ Asset Management’s outlook for 2014, the general feeling left by the economy and the markets is "somewhat ambivalent." Growth in both developed and developing economies may not be as strong as in recent decades and on the other hand, monetary policies, that may remain accommodative for some time to avoid deflation, will support the equity markets.

The U.S. will likely retain its monetary policy for along while "owing to the structural problems that are today weakening U.S. growth."

The recent government shutdown has not impacted the economy much, but confidence is not as high due to budgetary uncertainty. The raising of the debt ceiling, expected in February 2014, may further affect confidence among households and SMEs. Furthermore, low productivity levels and a stagnating working population my cause the U.S. economy’s growth potential to be between 1.5% and 2%.

"Thus, while growth will probably be higher in 2014 than in 2013 in the United States due to a less marked impact of budgetary policy tightening, it will be difficult for it to accelerate suddenly given the fundamentals," the report notes.

In Europe, the ECB eased its monetary policy to meet its 2% inflation target, and "its recent decision raises the question of whether it is not now reacting too late to stop the sc......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t