Quick Thoughts: Commodities, Wages and Supply Chains—How Geopolitics Are Reshaping the Global Economy
The war in Ukraine is shifting the conversation on what a post-COVID-19 world will look like.
Quick Thoughts: Staying Ahead of Environmental, Social and Governance (ESG) Risks and Opportunities
Head of the Franklin Templeton Investment Institute, Stephen Dover, recently hosted a sustainable investing roundtable.
Quick Thoughts: What Russia’s Power Play in Ukraine Means for Investors
We recently hosted a special edition of our “What Our Managers Think” panel discussion to address the current situation in Ukraine.
Paradigm Shifts Impacting the Investment Landscape: China, Inflation and Monetary Policy
There are several “paradigm shifts” impacting markets today, according to Templeton Global Macro CIO Michael Hasenstab. He outlines how central banks might approach tapering of pandemic-driven asset purchases, and the potential investment risks and opportunities he sees.
US 2020 Election Investment Pulse: Policy and Pandemic Drive Macro View
We’ve seen aggressive government and central bank support to stimulate economies sickened from COVID-19 slowdowns, but will the global economy right itself in 2021?
Templeton Global Macro: An Update on our ESG Scores
This update contains a brief background on our ESG philosophy as well as an update on our methodology, notably including an improvement we made to adjust from overweighting S and G factors in previous iterations to an equal weighting of each of the E, S and G factors going forward.
Staying Nimble Amid an Uncertain Outlook
Bouts of volatility hit markets across the globe in the third quarter of 2019 amid continued uncertainties about global growth and trade. Central banks took notice, with the US Federal Reserve easing interest rates for the first time in more than a decade and the European Central Bank also cutting rates and reintroducing quantitative easing.
The Real Risk in Today's Global Markets
While some observers might worry that the current global economic cycle is ending, Templeton Global Macro CIO Michael Hasenstab characterizes the slowing growth we are experiencing as a cyclical slowdown, not the end of the cycle. He is more concerned with the political vulnerabilities he's seeing in the global economy today, and says the world's increasing fragmentation due to populist policies is a major concern.
A Global Macro Perspective: Populism, Trade and Emerging-Market Volatility
Templeton Global Macro Chief Investment Officer Dr. Michael Hasenstab and Vice President and Deputy Director of Research, Dr. Calvin Ho, discuss emerging-market turbulence, the persistent concerns around trade policy and divergent growth trends in the developed world.
Environmental, Social and Governance Factors in Global Macro Investing
Environmental, social and governance (ESG) factors are being recognized in fixed income investing as value-added indicators of potential economic performance. In the latest edition of “Global Macro Shifts,” the Templeton Global Macro team outlines how it integrates ESG factors into its research process.
1-on-1 With Michael Hasenstab: Market Changes and Challenges
Hasenstab shares his thoughts on navigating today’s market challenges. He covers recent market volatility, inflationary threats in the United States, upcoming elections in Latin America, potential “fault lines” in Europe and credit risk in China.
The Year Ahead: Will the US and Global Expansion Continue in 2018?
January is a month of resolutions and predictions, and perhaps more often than not, both tend to be abandoned come spring. While we don’t have a magic crystal ball to predict where the markets may be headed next, we do have a team of respected professionals who recently assembled to discuss whether they think last year’s economic momentum could continue—and where they see potential threats on the horizon.
India’s Reform Movement Gains Momentum
India has embarked on a sweeping reform movement under Prime Minister Narendra Modi, which has attracted investors’ attention. Templeton Global Macro CIO Michael Hasenstab recently visited India, and takes a look at some of the reforms he’s most excited about as a global fixed-income investor.
How the Asian Financial Crisis Reshaped Emerging Markets
Twenty years ago, the world was standing on the brink of the Asian Financial Crisis. Here, Templeton Global Macro CIO Michael Hasenstab looks at how the response of local policymakers in the subsequent two decades has impacted emerging markets in general.
Uncharted Terrain: Today’s Global Market Drivers
Despite some uncertainties, economic improvements in developed and emerging markets have supported a positive mood across both equity and fixed income this year.
Latin America: The Rise and Fall of Populism
In the latest edition of “Global Macro Shifts,” the Templeton Global Macro team explores Latin America’s failed experiments with populism and the important lessons those experiences have for the developed world.
Hasenstab: US Election Rhetoric vs. Realities
As the election results were confirmed late Tuesday night in the United States (around midday Wednesday in Asia), there was a pretty violent reaction in many markets and across asset classes and regions. Michael Hasenstab, CIO of Templeton Global Macro, opines on the drivers and meaning of today’s market twists and turns.