Double click here to edit Header component

Investment Bank

Investment Bank

Parsys 1
Parsys 2

More than six years into the recovery, investors should expect lower returns going forward. Valuations in both equities and fixed income are now relatively expensive, and evidence is accumulating that the recovery is becoming self-sustaining, pointing to less supportive monetary policy.

Nevertheless, if growth rebounds as we expect in the second half of the year, equities should perform reasonably well over the next few months, especially in Europe and Japan, where we expect earnings growth to be strong. We would also overweight cyclically sensitive assets (such as EM equities and base metals), regions and sectors.

We do not expect a first Fed rate hike or the Greek crisis to derail the recovery in economies or financial markets. And while a serious setback in China would have lasting effects on the world economy and financial markets, that is not likely to happen this year.

As the divergence in policy between the Fed and the ECB develops, we expect the euro to resume falling, eventually breaking parity.

Read more of this Insight (PDF 535KB)Read more of Global Outlook (PDF 535KB, new window)
Parsys 3

Barclays Live app for iPad and Android tablets

The Barclays Live app for tablets helps institutional clients to cut through the information deluge. Interactive tiles allow clients to view the content they want, store it for offline use, annotate it on the go, and more. It's Barclays Live, now tailored for you on iPad and Android tablets.

More about Barclays Live app
Parsys 4
Parsys 5
Parsys 6
Parsys 7
Parsys 8
Parsys 9
Parsys 10
Parsys 11
Parsys 12
Parsys 13
Parsys 14
Parsys 15
Parsys 16
Parsys 17
Parsys 18
Parsys 19
Parsys 20