U.S. President Donald Trump may just escape having to grapple with a recession before the U.S. Presidential elections in 2020, with investors saying it is unlikely one will occur before then.
U.S. stocks have been battered over the last few weeks but a senior executive at Blackstone Group LP, one of the world's most influential asset managers, said there is no cause to be overly worried about next year.
Italian assets have further to fall before prices start to look attractive but the selloff will not trigger 2012-style contagion across the euro zone or require the ECB to step in, NN Investment Partners' chief investment officer said on Tuesday.
Emerging market debt is a rare fixed-income class that does not look too expensive, and could be an even more attractive investment if the U.S. dollar weakens, according to Penny Foley, portfolio manager for TCW Group Inc's emerging markets and international equities groups.
Six weeks of unusual U.S. stock market volatility are not dampening longtime market strategist Richard Bernstein's view that share prices will keep rising, even though the nine-year U.S. economic expansion has reached its late stages.
