The Spotlight ǀ Cracks in the plumbing?

In Short

Our October Podcast-Interview with Vincent Chaigneau, Head of Research at Generali Insurance Asset Management

Recession in Europe is now a near-certainty, and its depth through the turn of the year will depend on winter temperatures. Vincent Chaigneau, Head of Research at Generali Insurance Asset Management, sees worrying cracks in the global financial system, opened in part by unusually high policy uncertainty and rates volatility. He also sees the UK FICC market sell-off as a warning to other European governments about fiscal responsibility.

 

Chapter details

  • 0:21 Vincent, you sounded worried before and after the summer break. Global stocks and bonds have now dropped to new year-to-date lows. Is all the bad news now out?
  • 1:40 Such bad news is not already fully reflected in asset prices, you think?
  • 2:55 Vincent, you see limited upside for long yields from here. Yet we have seen an uncontrolled rise in Gilt yields following the mini budget. Any chance we see a repeat of that in other jurisdictions?
  • 4:14 What cracks?
  • 5:26 To conclude, some final investment considerations? Any ray of light, to finish on a more positive note?

 

Listen to the Podcast now:

 

Vincent Chaigneau
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