MetLife Invest… - Wed, 10/11/2023 - 13:35

Relative Value & Tactical Asset Allocation Q4 2023

Key Takeaways

  • Divergence in global monetary policy has become more obvious, with emerging economies cutting interest rates.
  • Global economic growth is expected to slow further, putting downward pressure on global government bond yields.
  • Valuation risks across credit markets remain high, with credit fundamentals mostly weakening.
  • While home prices have held up, changing bank capital regulations and student loan payments may impact the current market dynamics.
  • Agriculture fundamentals remain healthy, while office continues to be the most concerning sector.
  • We believe that current equity valuations are too high, while cash investments remain attractive.

Read More From MetLife Here


Sign Up Now for Full Access to Articles and Podcasts!

Unlock full access to our vast content library by registering as an institutional investor .

Create an account

Already have an account ? Sign in