Disclaimer: Views in this blog do not promote, and are not directly connected to any Legal & General Investment Management (LGIM) product or service. Views are from a range of LGIM investment professionals and do not necessarily reflect the views of LGIM. For investment professionals only.

Equities

Looking beyond the equity bounce

The stock market rallied strongly this week, but investors must ask themselves whether this is sustainable amid the economic downturn.
By Emiel van den Heiligenberg

Fixed income

Credit check: why we have turned positive amid the crisis

…and I thought we’d seen it all in 2008. We have updated our views on global credit to a more positive outlook in recognition of both the meaningful change in valuations this month and the significant policy response that has been delivered to combat the economic fallout from COVID-19. The speed and magnitude of the move has been breath-taking.;
By Colin Reedie

Economics

Should investors expect asymptomatic relief?

Concern about COVID-19 continues to grow, but as disciplined investors we must consider the potential for sudden shifts in market sentiment. Could greater understanding of asymptomatic infected individuals be such a catalyst?;
By Martin Dietz

Macro Matters

New home, same compelling insights from our Asset Allocation Team

Economics

Recovery rates: the roads from recession to recovery

With a Great Depression sized contraction likely in the second quarter of 2020, the crucial questions are how long it will last and the shape of the recovery.;
By Tim Drayson

Fixed income

Credit check: why we have turned positive amid the crisis

…and I thought we’d seen it all in 2008. We have updated our views on global credit to a more positive outlook in recognition of both the meaningful change in valuations this month and the significant policy response that has been delivered to combat the economic fallout from COVID-19. The speed and magnitude of the move has been breath-taking.;
By Colin Reedie

Equities

Equities: the case for further caution

Despite the massive declines in markets, we are wary on the outlook for risk assets like global equities, given the large uncertainty over the economic impact of COVID-19 and the efficacy of the response from policymakers.;
By Emiel van den Heiligenberg

Investment strategy

ETFs pass their bear test

Fears about the liquidity of ETFs have accompanied their incredible popularity, but the recent bear market has demonstrated that they have remained tradeable.
By Annacarla Dellepiane

Economics

Reshuffle kerfuffle

Last week brought a surprise twist in the outlook for the UK’s fiscal policy. Should we expect a radically different budget from the new chancellor? And what does that mean for UK asset prices?
By Hetal Mehta

Fixed income

Central bank bulletin: what, why and where

Within less than 24 hours of each other, the European Central Bank (ECB) and the Bank of England (BoE) have announced they will inject similar amounts of cash into the economy –around 9% of their respective GDPs. Hetal Mehta, Senior European Economist, looks at what it means when central banks go “all in”.;
By Hetal Mehta

From the archive

Economics

Recovery rates: the roads from recession to recovery

With a Great Depression sized contraction likely in the second quarter of 2020, the crucial questions are how long it will last and the shape of the recovery.;
By Tim Drayson

Economics

The Fast and Furious Federal Reserve

The fiscal and monetary response to the COVID-19 pandemic has been fast and furious. Nowhere has that pivot been more dramatic than at the US Federal Reserve. In troubled times, we shouldn’t have any doubt about the Fed’s ability and willingness to fix the cracks in the Treasury market.;
By Christopher Jeffery

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