Macro

Capital market insights and outlooks from across our global investment, strategy and solutions teams.

An investor's guide to watching the presidential debates

The first debate between President Donald Trump and former Vice President Joe Biden will take place on Sept. 29. We want to hear details about how they would respond to COVID-19, and we will also be very focused on both candidates’ plans regarding how they would deal with China. See what else is on our list of issues to watch.

September 21, 2020

Macro

What will arise from today’s ‘creative destruction’?

By Kristina Hooper

“Creative destruction” describes the positive effects that eventually emerge following periods of economic damage. I highlight two areas that could be a silver lining to today’s very dark clouds: a greener economy and a rise in small businesses.

September 14, 2020

Macro

Three reasons why this isn’t another ‘tech bubble’

By Kristina Hooper

Tech stocks plunged last week, dragging down major global indexes with them. Some are suggesting this is the start of another dramatic sell-off, similar to the spring of 2000 when the “tech bubble” burst. But I highly doubt that — there are three reasons why.

September 8, 2020

Macro

Uncommon truths: Is China over-investing?

By Paul Jackson

China is often accused of over-investing and its capital productivity has fallen. However, marginal efficiency of capital is positive and return on equity is in the middle of the developed comparator range.

September 1, 2020

Macro

What could the Fed’s new policy mean for investors?

By Kristina Hooper

Last week brought some major headlines with a new inflation target policy from the Federal Reserve, news of a leadership change in Japan, a decline in US consumer sentiment, and spikes in COVID-19 cases. What are the implications of these events for investors?

August 31, 2020

Macro

As COVID-19 spreads, global technology sector decouples

By David Chao

In this white paper, we first analyze the two main decoupling forces splintering the global technology sectors: COVID-19’s economic impact and deteriorating US-China relations. Secondly, we categorize which sectors are de-coupling – or diverging – and which ones aren’t, with a case study on 5G – arguably the most significant yet geopolitically sensitive technology development in Asia-Pacific over the next year. We conclude by providing our outlook - assessing the longer-term implications of these pressure points on the Asia-Pacific region.

August 27, 2020

Macro

Staying on guard against overconfidence

By Kristina Hooper

I’m concerned that the strong stock performance we’ve seen since March may lead investors to draw some unwarranted conclusions about the future direction of the market. We can’t become overconfident and assume that the threat of a correction is over, nor should we assume that a correction is imminent. I believe the best antidote for overconfidence bias is to have a long-term investing plan — one that includes being very well-diversified.

August 24, 2020

US jobless claims and vaccine developments bring positive news

Macro

Optimism persists despite US stimulus stalemate

By Kristina Hooper

Despite the stalemate over a US stimulus package, investors received some positive news regarding US jobless claims and vaccine developments. I continue to believe that, because it is an election year, ultimately a Phase 4 US stimulus deal will be struck. But the sooner, the better.

August 17, 2020

Macro

Five things to watch in August

By Kristina Hooper

Weekly Market Compass: This month, we’re tracking fiscal stimulus, virus cases, US-China tensions, the US dollar, and a heavily anticipated VP pick

August 10, 2020

Macro

The pressure is growing for the US economy

By Kristina Hooper

The pressure is growing for the US economy: The Senate seems far from reaching a deal on fiscal stimulus, a federal unemployment benefit has ended, and many fear schools could hasten a “second wave” of virus cases.

August 3, 2020

Macro

Uncommon truths: China in the balance

By Paul Jackson

China continues to invest more than other nations. That may depress capital efficiency. However, saving is even higher, which makes China self-financing and more balanced than many countries.

August 2, 2020

Macro

EU passes stimulus package while US lawmakers continue to negotiate

By Kristina Hooper

The European Union exhibited amazing cooperation in agreeing upon a record stimulus package, while the US has moved further away from reaching a deal on additional stimulus. In addition, tensions between the US and China rose last week with orders to close consulates in Houston and Chengdu.

July 27, 2020

APAC Market Outlook

by David Chao

WATCH VIDEO

At Invesco, we believe that high-quality results begin with the specialized insights.

Macro

Macro
COVID-19 raises new questions in emerging markets, fixed income and ESG

Kristina Hooper

July 10, 2020
Macro

Macro
Opportunities and challenges in a post-coronavirus Japan

Invesco

June 30, 2020
Macro

Macro
Mid-year outlook: A slow, uneven economic recovery in the second half

Kristina Hooper

June 29, 2020
Macro

Macro
Asia Pacific outlook – Q3 2020

David Chao

June 23, 2020
Macro

Macro
Economic data shows improvement, but infection rates prove difficult to control

Kristina Hooper

June 22, 2020
Macro

Macro
Portfolio managers discuss consumer trends, energy use as lockdowns ease

Kristina Hooper

June 18, 2020
Macro

Macro
Five key takeaways from the Fed’s press conference

Kristina Hooper

June 15, 2020
Macro

Macro
Burgeoning ‘green shoots’ bring hope for an economic recovery

Kristina Hooper

June 8, 2020
Macro

Macro
Beijing’s restrained COVID-19 response at annual meeting keeps gunpowder dry

David Chao

June 1, 2020
Macro

Macro
Extraordinary times, extraordinary measures – linking epidemiology and economies

Arnab Das

May 27, 2020
Macro

Macro
China’s annual legislative meeting will preview fiscal and policy responses to COVID-19 recovery

David Chao

May 21, 2020
Macro

Macro
US-China tensions could be the biggest risk to US stocks this year

Kristina Hooper

May 18, 2020
Macro

Macro
Portfolio managers examine the impact of COVID-19

Kristina Hooper

May 14, 2020
Macro

Macro
Low-wage job losses fuel the US stimulus debate

Kristina Hooper

May 11, 2020
Macro

Macro
What China and Hong Kong's recent consumer data could mean for post-coronavirus recovery

David Chao

May 6, 2020
Macro

Macro
Global markets: What to watch for in May

Kristina Hooper

May 4, 2020
Macro

Macro
Portfolio managers discuss investment possibilities in real estate, equities and credit

Kristina Hooper

April 30, 2020
Macro

Macro
As the US passes more stimulus, disagreements loom on what comes next

Kristina Hooper

April 28, 2020
Macro

Macro
Policies, performance and prognosis beyond pandemic pandemonium and panics

Arnab Das

April 24, 2020
Macro

Macro
Three scenarios for the Covid-19 outlook

John Greenwood

April 22, 2020
Macro

Macro
As earnings season looms, portfolio managers look for long-term opportunity

Kristina Hooper

April 17, 2020
Macro

Macro
Trade, stimulus, and politics: What matters to markets this week

Kristina Hooper

April 14, 2020
Macro

Macro
Even with massive stimulus, inflation may not even feature in post-pandemic world

John Greenwood

April 7, 2020
Macro

Macro
Six things for investors to watch in April

Kristina Hooper

April 6, 2020
Macro

Macro
Where do portfolio managers see opportunities in today’s environment?

Kristina Hooper

April 3, 2020
Macro

Macro
Where do stocks and bonds go from here?

Kristina Hooper

March 30, 2020
Macro

Macro
Uncommon truths: Is oil cheap at US$20?

Paul Jackson, András Vig

March 29, 2020
Fixed Income

Fixed Income
IFI weekly update: Market correction and Fed action create potential opportunity in high quality bonds

Rob Waldner, Matt Brill

March 27, 2020
Macro

Macro
A new dashboard to consider for signs of a new market cycle

Brian Levitt

March 26, 2020
Macro

Macro
Global Market Strategist Asia Pacific outlook: Q2 2020

David Chao

March 26, 2020
Macro

Macro
Coronavirus impact and response: A global view

Kristina Hooper

March 24, 2020
Macro

Macro
Assessing the globe’s three-pronged policy response to coronavirus

Kristina Hooper

March 17, 2020
Macro

Macro
The Fed cut its benchmark interest rate and instituted largescale asset purchases

David Chao

March 16, 2020
Macro

Macro
Coronavirus Update: Sell-off in risk assets and investment implications

David Chao

March 13, 2020
Macro

Macro
Could the surge in market volatility signal the end of the current market cycle?

Kristina Hooper

March 10, 2020
Macro

Macro
Coronavirus: was the Fed cutting rates the right thing to do?

John Greenwood

March 6, 2020
Macro

Macro
Fed cuts rates in surprise move

Rob Waldner

March 4, 2020
Macro

Macro
Assessing the unknowns as coronavirus spreads

Rob Waldner

March 3, 2020
Macro

Macro
As markets struggle, where do global economies go from here?

Kristina Hooper, David Chao

March 3, 2020
Macro

Macro
Invesco Asia Pacific official statement regarding Coronavirus relief

Invesco

February 27, 2020
Macro

Macro
Recent data reveal the economic impact of coronavirus

Kristina Hooper

February 25, 2020
Macro

Macro
Health check: the coronavirus’s impact on Asian economies and markets

David Chao

February 20, 2020
Macro

Macro
The market impact of coronavirus has begun to spread

Kristina Hooper

February 19, 2020
Macro

Macro
The coronavirus could have a global impact

Kristina Hooper

February 11, 2020
Macro

Macro
Uncommon truths: Viruses, nuclear disasters and financial markets

Paul Jackson, András Vig

February 7, 2020
Macro

Macro
The US-China trade deal presents a paradox for markets

Kristina Hooper

January 22, 2020
Macro

Macro
Forging ahead in China

Andrew Lo

February 6, 2020
Macro

Macro
Five issues for investors to watch in January

Kristina Hooper

January 7, 2020
Macro

Macro
Market update on the coronavirus's impact

David Chao

February 2, 2020
Macro

Macro
Assessing the market impact of the Wuhan coronavirus

Kristina Hooper

January 28, 2020
Macro

Macro
Asia outlook 2020 – part 2

David Chao

January 17, 2020
Macro

Macro
Asia outlook 2020 – part 1

David Chao

January 17, 2020
Macro

Macro
What could the US-Iran conflict mean for investors?

Kristina Hooper

January 14, 2020
Macro

Macro
Five issues for investors to watch in January

Kristina Hooper

January 7, 2020
Macro

Macro
The China position: Gauging investor confidence – an infographic

November 11, 2019