GIM News and Press, Templeton Global Income Fund Inc. From 08/20/21

Technology is advancing at a rapid pace, exerting downward pressure on prices. But will this deflationary bias be enough to offset the impact of a new, higher-inflation regime? History suggests that won’t necessarily be the case. It’s fair to say that the US was at t...

During July, global consensus earnings estimates have re-accelerated to the upside, representing another bullish impulse in the tug of war between high valuations on the one hand and strong profits momentum on the other. Despite market worries of a loss of momentum in the near term, t...

IHS Markit's PMI business surveys showed the global economic recovery continuing into July, but the rate of expansion lost momentum for a second month running. The global economy continued to expand at a solid rate in July, according to the JPMorgan Global PMI™ (compiled by IHS...

Global growth is expected to accelerate over the course of 2021. Despite steadily rising equity prices, these strong earnings numbers have acted as a counterbalance to valuations. While the market signals we follow generally point to constructive economic and market conditions for...

Record low real yields across the world betray an exceptional degree of macro angst. Or do they? Don’t look at rates in isolation. Other markets are fine. The tide of central bank purchases lifts all boats, and normal liquidity conditions will only return at the end of the ...

Each stock traditionally has a hierarchy of factors: sector/industry classification, geographic classification, and residual exposures. These are known as style factors. As 2021 has progressed, the market has been much more rotational. Growth, value, beta, and momentum factors have al...

The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks took another leg lower after St. Louis Fed President James Bullard said that he expec...

The best news last week was the continuing decline in global bond yields, including the 10-year Treasury rate falling below 1.4% last Tuesday. If and when the Fed decides to raise key short-term interest rates, I don’t think they will be able to raise rates by much, since the f...

Last month, the fear was excessively high inflation but in the first week of July growth fears have come to the fore. A weaker than expected non-manufacturing PMI in the US has triggered a sharp decline in global government bond yields. The UK’s vaccination program may have...

In 2021, energy is where the money is going. Money is flowing out of Momentum stocks this year, and much of it is going into Value names. Commodities are having a strong showing compared to last year. For further details see: If You Want To Know Where The Market Action I...