Tue, Feb 25, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

JPAM study suggests fiscal policy to play more active role in economies and markets

Tuesday, September 13, 2016

Komfie Manalo, Opalesque Asia:

A paper released by J.P. Morgan Asset Management has suggested that fiscal policy will play a more active role in heading off negative outcomes for economies and markets in the coming years. Moreover, the change in policy is unlikely to pose a grave challenge to the creditworthiness of governments.

The paper, "Fiscal therapy: Prospects for a policy-driven boost to growth," explored the outlook for global fiscal policy and the potential implications for multi-asset investors.

"Considerable dissatisfaction among policymakers and voters surrounds economic performance in developed and emerging economies alike. Despite very supportive monetary policy stances, growth is running at a weak pace by historical standards," said Michael Hood, global strategist, Multi-Asset Solutions, J.P. Morgan Asset Management. "To a large extent, this sluggishness reflects a structural slowdown in potential growth, driven by demographic changes. As central banks continue to explore ways of boosting demand and acting in increasingly unconventional fashions, the calls for greater use of fiscal stimulus have grown louder."

The study also found that the contribution of fiscal policy to global growth is poised to rise in the coming years. While large-scale fiscal easing se......................

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. PE/VC: Venture debt: Is it a loan? Is it equity? Is it an pportunity?, PE, VC investments in India hit all-time high in 2019[more]

    Venture debt: Is it a loan? Is it equity? Is it an pportunity? From Forbes: Venture Capital is usually the default option for fast-growth startups looking for a cash injection, thanks to our willingness to take risks in return for equity, and with no need to pay anything back - at least

  2. Other Voices: Evolution of shrinking hedge fund fees - what do investors and managers need to know?[more]

    By Don Steinbrugge, Founder and CEO, Agecroft Partners (DonSteinbrugge@agecroftpartners.com): Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, inc

  3. COVID-19: Investors track ships, chase rumours to get edge on COVID-19 risks, Coronavirus risk puts the bull run on pause, China was wise to let markets stumble[more]

    Investors track ships, chase rumours to get edge on COVID-19 risks From Reuters: As investors crunch numbers to determine how the coronavirus will hit China's economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.

  4. Bruce Berkowitz is back!, Coatue's new quant fund lost money in the fourth quarter[more]

    Bruce Berkowitz is back! From Institutional Investor: Famed value investor Bruce Berkowitz has hit hard times over the past decade, with big bets on losers like Eddie Lampert's Sears Holdings. In fact, over the past 10 years, his Fairholme Fund's annualized return is only 4.89 percent -

  5. Are all ESG Indexes as green as you want them to be?[more]

    From Beyond Investing: When Laurence Fink, chief executive of BlackRock, with nearly US$7 trillion under management, vows to put sustainability at the core of the firm's new investment approach, markets and investors sit up and liste