U.S. markets and economy

Read the latest views on the future direction of America

This selection of timely insights from top asset managers provides allocators from around the world with in-depth analysis of the U.S. economy and markets at a crucial moment in world history.

Take It “Ease”-y (Wellington Management)

This report brings together critical information that insurers need to know about the evolving U.S. markets and economic makeup.

U.S. Election: Assessing the Scenarios, Report (UBS AM)

Historically, equities have tended to rally into year-end regardless of who wins the election as policy clarity comes into view.

Analysis of Four Political Policy Areas on the U.S. Economy (PGIM Fixed Income)

The inflation impact of increased tariffs is relatively straight forward as there are a few key channels through which inflation is transmitted.

U.S. Exceptionalism: Drivers of Equity Outperformance (Bridgewater Associates)

U.S. equity outperformance has been driven by a combination of (a) faster revenue growth, (b) bigger margin expansion, and (c) rising P/E multiples.

Views of Retirement in America by Political Party Affiliation (NIRS)

For compliance reasons, this paper is only accessible in the United States

Across party lines, Americans agree that the nation faces a retirement crisis, with Republicans reporting this sentiment at a slightly higher level than Democrats.

Will Home Equity Make Consumer Spending More Durable? (BoA Institute)

Homeowners currently have a historically large share of equity in their homes, providing potential upside to spending if they tap this through a home equity line of credit.

Which Countries Bought the Recklessly Ballooning U.S. Debt? (Wolf Street)

The share of foreign holdings had dropped from the peak of 34% in 2015 to a low of 22.2% by October 2023, as the U.S. debt continued balloon.

EM Charts and Views: Gearing up Ahead of U.S. Election (Amundi)

For compliance reasons, this paper is NOT accessible in the United States

The growth premium favours Emerging Markets, as developing economies are set to play a crucial role in driving global economic growth in 2024 and beyond.