Interest rates, midterm cycles, and the case for emerging markets | Market highlights скачать в хорошем качестве

Interest rates, midterm cycles, and the case for emerging markets | Market highlights

In this 5-minute market update, Lukasz Kalwak, Market Strategist from Franklin Templeton Institute, discusses the key drivers behind the current global bull market and why leadership is rotating across asset classes. As central banks worldwide shift toward easing monetary policy, this update explores how high liquidity, improving GDP growth, and accelerating earnings per share are shaping the investment landscape. Lukasz also examines historical trends during U.S. midterm election cycles and provides an outlook on why Emerging Markets are becoming increasingly compelling in the current pivot. Key topics covered: The Rotation of Leadership: Why capital is being reallocated within risk assets rather than leaving them. Global Monetary Policy: The impact of rate cuts from nearly 140 central banks on system liquidity. The U.S. Midterm Cycle: Historical equity market performance and earnings growth expectations during year two of the presidential cycle. Emerging Markets: How easing developed market rates and local funding costs are creating a supportive environment for EM.