USA

2021.10 - US value - Slider-1390x467
Investment Talks 12.10.2021 Higher rates provide a second chance to play US value opportunities

Nowadays, US value trades at its steepest discount to growth since 1999. However, declining Covid-19 cases, a broad-based economic recovery, prospects of higher interest rates as we progress out of the pandemic, and the return of persistent inflation pressures should help close the valuation gap between growth and value stocks.

More 5 to 10 minutes
  • PDF
Monthly Cross Asset 2.06.2021 A post-Covid structural change in developed markets: the strong political will to invest in the US

What matters to fixed income investors is the macro-financial environment that will prevail after the strong rebound in growth and inflation expected in H2.

More > 10 minutes
  • PDF
Monthly Cross Asset 2.06.2021 What if the Democrats succeed in passing the capital gains tax?

Since Joe Biden’s elections, most observers have been surprised by how Democrats managed to pass significant fiscal policies despite their thin majority.

More 5 to 10 minutes
  • PDF
slider
Thematic Paper 26.05.2021 Shifts & Narratives #4 - In search of a new international order

Profound changes in the international arena are underway. Together the EU, China and the United States are the three largest economies in the world. Whereas, previously, economic and geopolitical issues were treated separately, it is increasingly clear that the United States and China are using their economic power for geopolitical purposes. Such geopolitical leadership has economic implications.

More > 10 minutes
  • PDF
slider
Monthly Cross Asset 5.05.2021 2021 Recovery to continue and beat potential

Goldilocks continues to allow a tempered risk on positioning. Longer term, growth will likely revert to potential amid a normalised inflation rate (at least in the US).

More 5 to 10 minutes
  • PDF
slider
Insights Paper 27.04.2021 Why now is the time for active management in US equities

We believe now may be the best time in recent history to invest with an active approach in US equities. Passive indices outperformed active managers in recent years as US equity markets became more concentrated and dispersion declined: concentration in the five largest stocks in the S&P 500 had been increasing since 2013 and it peaked at 24% in 2020, when Alphabet, Amazon, Apple, Facebook and Microsoft benefited from a stay-athome environment in which people increasingly used technology to communicate, shop and work.

More > 10 minutes
  • PDF
2021.04-CA-Slider-Thematic-Global-Views
Monthly Cross Asset 8.04.2021 You asked, we answered
110

Our Global Views team attempts to answer some of the questions often asked by our clients.

More < 5 minutes
  • PDF
  • 110
slider
Monthly Cross Asset 30.03.2021 Next step for the Biden administration: the infrastructure package
120

While the Biden administration has just successfully passed a $1900 bn stimulus package, attention will now turn to the infrastructure package that was included in Biden’s campaign promises.

More < 5 minutes
  • PDF
  • 120
US Value
Insights Paper 9.03.2021 The unique time for US value: rotation from growth plus innovation, quality and ESG improvement
433

The rotation towards value is a key theme of our 2021 investment outlook.

More > 10 minutes
  • PDF
  • 433

Get in touch with us

Our online help service is available to answer your question

My personal information

If you have a question about our company or one of our products, please complete the form to get in touch. Please do not mention your account numbers or critical data in this form.

Civility*

(*) Required fields
All our job offers (Permanent and temporary position, Internship, Apprenticeship or VIE) are available on our dedicated website: https://jobs.amundi.com.

Register and apply directly online.

Amundi on Twitter