Search results for: consumption

China’s slowdown — How bad could it get?

Our base case is that real Chinese economic growth in 2015 and 2016 will be somewhere between 5% and 6%. While China’s investment share in GDP remains extraordinarily high by international and historical standards, it is worth bearing in mind that consumer spending has been the chief driver of Chinese GDP growth.

Tagged with: Global Economy, Global Investing

Is a quick recovery in store for energy and other commodities?

Supply is outpacing demand growth for most commodities, putting prices under pressure. Despite the boost from lower petroleum prices, global economic growth should continue to be the primary driver for oil demand over the next few years.

Tagged with: Commodities, Industry/Sector Commentary, Investing

How will California’s drought affect water utility revenue bonds?

The effects of the California drought will last for decades as residents adjust to using less water while paying more to support necessary water infrastructure to ensure adequate supply. Key factors when assessing credit quality of water utilities are water supply sources and rate flexibility.

Tagged with: Municipal Bonds, U.S. Economy

Should investors be cheering Japan’s new stimulus program?

Stock markets rose on the announcement that the government of Prime Minister Shinzo Abe was significantly stepping up its policy actions. The other major announcement was that the Government Pension Investment Fund will shift its asset allocation to domestic equities and foreign bonds/equities away from domestic bonds.

Tagged with: Equities, Global Economy, Investing

The U.S. labor market — Show me the money

It is unclear if recent improvements in U.S. labor market data are due to less slack or government-related measures to support worker income and benefits. Occupations with some scarcity of qualified labor have seen some wage pressures, but the gains are likely due to one-time minimum wage hikes.

Tagged with: Economy, U.S. Economy

Emerging market equities — Still a world of opportunity

Despite a disappointing last five years, the structural growth drivers that have long made emerging markets an attractive area in which to invest are as compelling as ever. While emerging markets may be a single asset class, they are anything but homogenous.

Tagged with: Equities, Global Economy, Investing

Barbarians at the gate – Positive signs for third arrow* progress in Japan

Improved corporate governance, especially as it relates to capital allocation, is a key component to third arrow efforts for Abenomics. To create urgency among corporate managements towards reform, we believe the Japanese government should move to gradually but consistently improve shareholder rights.

Tagged with: Global Perspectives

Europe – The darkest hour is just before the dawn

The European Central Bank is embarking on quantitative easing at a time when tailwinds are already beginning to build behind the euro area economy. A more constructive economic outlook could have important implications for European markets.

Tagged with: Equities, Global Economy, Global Perspectives, Markets

About Us

Columbia Threadneedle Investments is a leading global asset management group that provides a broad range of actively managed investment strategies and solutions for individual, institutional and corporate clients around the world. With more than 2,000 people, including over 450 investment professionals based in North America, Europe and Asia, we manage $503 billion†† of assets across developed and emerging market equities, fixed income, asset allocation solutions and alternatives.

††In U.S. dollars as of June 30, 2015. Source: Ameriprise Q2 Earnings Release. Includes all assets managed by entities in the Columbia and Threadneedle groups of companies. Contact us for more current data.