October 5, 2011
4Q 2011 Global Markets Outlook: Volatility and Market Implications
The third-quarter of 2011 will go down in history as an extraordinary time – both for economies and markets. The U.S. lost its AAA sovereign rating and narrowly avoided a debt default. U.S. 30-year bond yields fell below 3.0%. Investors and policymakers openly questioned the future of the European Monetary Union. Switzerland was forced to peg its currency in an effort to stem capital flight out of the European periphery.
Will the fourth quarter bring more of the same? What about the year ahead?
In this webcast and using slides from the new 4Q Guide to the Markets, Rebecca Patterson explored what events and trends are likely to shape the months into 2012. Specifically, she addressed the following:
- Will the debt crisis in Europe find a resolution soon? Is it more likely to be a step towards greater fiscal federalism or a break-up of EMU?
- How will US monetary and fiscal efforts, alongside political actions, impact our overall market outlook?
- Can emerging markets – and especially China – continue to decouple?
- Should investors be broadly concerned about inflation?
- What are our top investment themes into 2012?