Sentences with word «reflation»

We believe 2018 will prove to be a very important year for investors, not only because of the unprecedented level of euphoria surrounding the U.S. equity market, but more so due to the ongoing global reflation trade that both speculators and investors are piling into.

A better synchronized global recovery would make this bout of reflation more powerful.

The global reflation trade is in full swing, the return of cash flow to shareholders is at a record pace and that is why, in my opinion, the U.S. equity markets are set to extend the current rally well into 2019.

We also expect small caps, cyclicals and banks to benefit as reflation broadens.

Richard shares a few investing ideas to consider for a second quarter characterized by broadening reflation, low returns and the need for a different approach to diversification.

There's strong reason to believe that the so - called Trump reflation trade has come to an end.

Boeckh, Anthony J. - The Great Reflation: How Investors Can Profit From the New World of Money, Link to Amazon...

But given today's already rosy expectations for reflation and stretched valuations, particularly in U.S. stocks, equity markets could be less immune to any negative surprises.

Mr Iwata, one of the deputy governor nominees, is going to be the leading opinion leader on reflation policies,» Takuji Okubo, principal & chief economist at Japan Macro Advisors told CNBC.

It appears many would - be buyers are simply tapped out after years of asset reflation by the Fed.

Although the low interest rate environment over the past decade has compressed bank NIMs, we expect U.S. - led reflation — rising nominal growth, wages and inflation — to accelerate.

We believe that China is key to the global reflation story playing out for longer.

Is reflation priced in?

We see this dynamic as alive and well, with the global economy moving from acceleration to a phase of sustained growth, as I write in my new Fixed Income Strategy piece Reevaluating reflation.

At the same time those assets that faded as investors embraced reflation have rallied, including gold, emerging markets and the Japanese yen.

Eurozone inflation expectations have perked up from depressed levels, and we see global reflation reinforcing Europe's comeback.

We see this pointing to an even bigger earnings boost from stronger global activity as reflation accelerates and broadens.

By secular reflation, we mean at least a decade in which short - and long - term interest rates stay habitually below nominal GDP growth and high grade bonds are not really bonds any more: delivering trend returns that are close to zero or even negative.

For more Morgan Stanley Research on how wage growth impacts Japanese equities, ask your Morgan Stanley representative or Financial Advisor for the full report, «Macro and Micro Implications of Wage Reflation in Japan» (Apr 2, 2017).

From a cyclical perspective, monetary reflation has yet to gain much traction in the real economy and, therefore, more should be expected, perhaps much more.

A better - synchronized global recovery is making the current bout of economic reflation more self - reinforcing, with China's recovery and Europe's surprising pickup now feeding through.

«If his proposed infrastructure spending, fiscal easing and tax reforms are effectively implemented, the U.S. reflation stimulus will likely strengthen GDP growth, inflation and earnings growth.»

So - called «Trump trades» have rolled back on political uncertainty, yet we see the broader reflation trade having room to run.

Higher oil prices would support reflation: higher growth and higher inflation.

If the Fed is serious about reflation of assets, they need to do a permanent injection of liquidity, and stop messing around with these temporary half - measures.

Other signs of global reflation include a rebound in inflation expectations from mid-2016 lows, a bottoming out in core inflation and wages, and a synchronized pick - up in economic activity indicators and corporate earnings estimates.

Strengthening reflation also reinforces our view that we have seen the bottom in bond yields globally after a multi-decade slide.

Strengthening reflation also reinforces our view that we have seen the bottom in bond yields globally after a multi-decade slide.

The US economic cycle looks vulnerable as post-election reflation euphoria fades.

From the perspective of bond - market participants: «There seems to be a hurdle to apply this positive reflation mechanism in Japan,» says Sugisaki.

Last fall, reflation became the rage as many governments focused on progrowth policies thanks to political pressure that culminated with the U.S. elections in November.

«Reflation underway.

Our analysis implies that developed market reflation should reinforce the China - EM upswing.

Yet we believe the bigger - picture reflation trade has room to run.

Reflation means different things to different people.

We are in the early stages of a global reflation cycle that started in mid-2016.

Most reflation trades aren't crowded or expensive, our research suggests.

Jean explains some of the reasons why reflation (as BlackRock defines...

Otherwise stated, if Japan can not implement the 2017 tax hike with confidence, having achieved a robust few quarters of growth, with a tighter job market and reflation well along its way, the fiscal consequences look much, much worse.

«As 2018 unfolds, the market will grapple with dueling reflation forces in the US and Europe,» says Deutsche Bank strategist George Saravelos.

The pro-growth reflation trade since the 2016 presidential election was associated with historically low levels of volatility.

Reflation across EM Asia is reflected in improving corporate profits.

The Federal Reserve has engineered a turnaround in March hike expectations, but Richard explains why we do not see gradually rising rates derailing reflation for now.

We see accelerating global reflation ahead, a theme central to how we suggest positioning portfolios for 2017.