We believe
global deflation fears are misguided.
At the same time, with risks to the global economy and markets looming (think Brexit,
global deflation fears, China devaluation, etc...), risk - off sentiment could also reassert itself as a driver of dollar strength.
Not exact matches
The year opened with intense
fears of
global recession and rippling
deflation.
The bottom line: The
global expansion is chugging along,
deflation fears and near - term political risks look to have faded, and financial market volatility is subdued.
Morgan Stanley Wealth Management's
Global Investment Committee (GIC), a group of seasoned investment professionals with whom I meet regularly to review the economic and political environment and asset allocation models for Wealth Management clients, believes
deflation fears have gone too far and have become too embedded in both investor psyches and market structures.
Indeed, a number of economists and commentators have repeatedly raised the
fear that the
global economy might fall into stagnation and / or
deflation.
His
fears resonate mine regarding
Deflation Watch Riccardo Ronco, head of technical analysis at Aviate
Global speak about
Deflation
The bottom line: The
global expansion is chugging along,
deflation fears and near - term political risks look to have faded, and financial market volatility is subdued.
This year our lead theme All About That Pace again appears out of consensus as the market view for rates has shifted towards
fears of
deflation and expectations that low
global rates means U.S. rates can never move higher.