Real Money (August 17)
“Japan marches to the beat of a different drummer. And its pace, slow and steady, is looking solid as much of the rest of the world contends with the din of roaring inflation and clanging recession.” In contrast, Japan’s “inflation is running at a mild and manageable 2.4% as of July” and Japan looks poised for “steady multiyear growth…. Japanese equities therefore continue to justify themselves as safe havens.”
Tags: Different drummer, Equities, Inflation, Japan, Manageable, Multiyear growth, Pace, Recession, Safe havens, Slow, Solid, Steady
Financial Times (July 4)
“If the BoJ sticks to its guns while the US Federal Reserve continues to raise interest rates, the yield divergence could spell a further collapse in the yen beyond the 24-year low. But if the BoJ moves to tweak its monetary policy, or if a global recession prompts a U-turn in US interest rates and a flight to safe havens, it could trigger an abrupt reversal.”
Tags: 24-year low, BOJ, Collapse, Divergence, Global recession, Interest rates, Japan, Monetary policy, Reversal, Safe havens, U.S.. Fed, Yen, Yield
Institutional Investor (June 4)
Due to Brexit, “sovereign investors now consider the U.K. less attractive than they did a year ago and are instead favoring investments in Germany and India as part of a broader move to so-called safe haven markets.” The change in sentiment was identified through a survey of “sovereign wealth funds, state-owned pensions, and central banks polled by Invesco.”
Tags: Brexit, Central banks, Germany, India, Invesco, Investors, Pensions, Safe havens, Sentiment, Sovereign, U.K.
Institutional Investor (February 14)
The “flood of institutional money” flowing into the European property safe havens of France, Germany and the U.K. could impact the markets, potentially increasing asset prices, lowering yields, and leading ultimately to a correction. “Since the 2008 collapse of Lehman brothers Holdings triggered the global economic downturn, these three countries have accounted for about 70% of the $100 billion or so a year of European commercial real estate purchases made by investors, well above the long-term average of about 50 percent.”
Tags: Europe, France, Germany, Property, Real estate, Safe havens, U.K.
