Author: NN Investment Partners
Headlines on politics, policy makers and corporate news capture a lot of attention these days and justify a cautious overlay on some of the more unbiased information on market emotion and macro trends. The latter still provide an anchor for a modest risk-on stance.
The US elections grab a lot of attention and although it increasingly looks like the most market-friendly candidate will win, financial markets will likely stay focused on all the – mostly ugly – stories that keep coming.
Monetary policy will also stay in the spotlights, as it has been in the past years. The fundamental picture seems to be improving, supporting our positive view on most risky assets.