Global equities broadly rallied over the second quarter, buoyed by a combination of prospective monetary easing later in 2024 and continued optimism around artificial intelligence (AI) and its potential to increase corporate profits. In Europe, there was increased volatility around the surprise announcement of a snap parliamentary election in France and a potential victory for the far-right National Rally. Meanwhile, the European Central Bank (ECB) cut interest rates for the first time since 2019, although both the ECB and the Federal Reserve (Fed) suggested that policy rates may need to stay ‘higher for longer’ to get inflation back to target. While inflation remained somewhat sticky, global activity data was mixed amid signs of slowing in the US and improved activity in the Eurozone. Bond yields were pushed higher. Our Quarter in Review discusses these themes and outlines our outlook for markets over the next 12 months. Download our pdf for the full story. https://lnkd.in/eC7h4BWw #marketreview #ILIM #equities #bonds #economicoutlook #outlook
Irish Life Investment Managers’ Post
More Relevant Posts
-
The French election results are important for the outlook for French fixed income assets. Here are our key takeaways. #ILIM #frenchelections #bonds
-
ILIM's Markets in a Minute update https://lnkd.in/e_ZPSVJc #ILIM #financialmarkets #equities #bonds
-
-
Watch the key takeaways from our recent mid-year outlook webinar in the short video in the link below https://lnkd.in/eGbp-WdN #ILIM #equities #bonds #geopolitics
-
-
ILIM's Markets in a Minute update https://lnkd.in/ePUbRhgy #ILIM #financialmarkets #equities #bonds
-
-
In case you missed ILIM’s mid-year outlook webinar yesterday, please see our key takeaways and the link to the recording below. https://lnkd.in/eGbp-WdN #ILIM #equities #bonds #geopolitics
-
ILIM BTS Graduate Programme 2024 – Closing date to apply 30 June 2024 Click here to find out more https://lnkd.in/gywYFnVr and here to apply https://lnkd.in/geKFxGDa #ILIM #gradprogramme
-
-
The Irish Association of Pension Funds (IAPF) have published our views on European property, which we believe provides a strong investment opportunity for multi-asset and long-term investors. Read the article below by ILIM’s Paul Baragwanath, Senior Fund Manager, European Real Estate, for more on this. #ILIM #property
-
ILIM's Markets in a Minute update https://lnkd.in/eFCYMX4z #ILIM #financialmarkets #equities #bonds
-
-
ILIM BTS Graduate Programme 2024 – Closing date to apply 30 June 2024 Click here to find out more https://lnkd.in/gywYFnVr and here to apply https://lnkd.in/geKFxGDa #ILIM #gradprogramme
-
