Global Foresight 2017 Q1: Choosing Between the Future and the Past

While currency traders were fixated throughout 2016 on the U.S. Federal Reserve’s outlook for short-term rates, we expect that changes in the value of the U.S. dollar in 2017 will be driven more by geopolitical events: most notably, the French Presidential election, a potential national election in Italy, as well as U.S.-China relations. In this edition of Global Foresight, we look across geographies, beginning with a focus on European politics and then a review of Japanese valuations. Jimmy Chang follows with an article on the U.S., China and emerging markets. Andrew Kello and Albert Sindall review the outlook for fixed income in the U.S., while Jake Tran discusses potential risks and opportunities within European financials.