Editor, Investment Strategy. Europe, Middle East and Africa, London
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Jan 8, 2014

Analysis: Emerging market investors face year mined with political risks

LONDON (Reuters) – As the tidal wave of global central bank liquidity recedes in 2014, emerging market investors are growing more anxious about local political risks – and how to spot them early on.

Developing economies have had a rough ride since the Federal Reserve first mooted a wind-down of its money printing last year. The looming withdrawal of easy cash worldwide pushed the dollar and Treasury yields up and drove Western investors home, jarring countries most dependent on foreign capital.

Jan 7, 2014
Jan 7, 2014
Dec 11, 2013
Dec 11, 2013

One for the road, as 2014 markets shape up

LONDON (Reuters) – The bar is still open, but last orders may be near.

Like festive season revellers, investors who lapped up gains in developed market equities of up to 30 percent this year may be tempted by one last tipple. Yet there’s a gnawing feeling throughout new year forecasts that now may be the wisest time to sober up.

Few genuinely believe stock markets have got over-excited just yet, even if the question litters annual outlooks for the year ahead. If anything, the excess is in bonds and they are buoyed for now by the likely continuance of central bank largesse keeping interest rates near zero.

Dec 11, 2013

Analysis – One for the road, as 2014 markets shape up

LONDON (Reuters) – The bar is still open, but last orders may be near.

Like festive season revellers, investors who lapped up gains in developed market equities of up to 30 percent this year may be tempted by one last tipple. Yet there’s a gnawing feeling throughout new year forecasts that now may be the wisest time to sober up.

Few genuinely believe stock markets have got over-excited just yet, even if the question litters annual outlooks for the year ahead. If anything, the excess is in bonds and they are buoyed for now by the likely continuance of central bank largesse keeping interest rates near zero.

Dec 3, 2013
Nov 27, 2013

Surfing central banks in a benign ‘QE trap’

LONDON (Reuters) – The message is sinking in – economies of the rich world face super-easy money far into the future and central banks are now convinced it’s the least of all policy evils.

Despite rumblings of dissent about the financial bubbles and iniquities associated with zero interest rates and money printing, 2013 is ending with a remarkable certainty among global investors that cheap money is around for the long haul.

Nov 27, 2013

Analysis: Surfing central banks in a benign ‘QE trap’

LONDON (Reuters) – The message is sinking in – economies of the rich world face super-easy money far into the future and central banks are now convinced it’s the least of all policy evils.

Despite rumblings of dissent about the financial bubbles and iniquities associated with zero interest rates and money printing, 2013 is ending with a remarkable certainty among global investors that cheap money is around for the long haul.

Nov 18, 2013

French stasis unnerves global bond investors

LONDON, Nov 18 (Reuters) – A stagnant French economy and a
dearth of much-needed French economic reforms are a weak link at
the heart of the healing euro zone, heaping risks on hitherto
stable French assets and the common currency, top global
investors said on Monday.

Money managers from firms which collectively steer assets of
about $1.25 trillion told the Reuters Global Investment Outlook
Summit in London that economic and political stasis in the euro
zone’s second biggest economy was hard to price and trade but
held significant threats to the bloc nonetheless

    • About Mike

      "Mike Dolan is Reuters' Investment Strategy Editor in Europe. He has been a correspondent and editor for the past 20 years, working for Reuters from London and Washington DC in a variety of roles covering global policymaking, economics and investment trends."
      Joined Reuters:
      1995
      Awards:
      Reuters Editor of the Year, 2009. Reuters multimedia journalist of the year award, 2011
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