Manulife Investment Management Sees Attractive Opportunities Outside the US Amid Anticipated Global Rate-Cutting Cycle [Yahoo! Finance]

Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
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Source: Yahoo! Finance
The Asian credit market's positive momentum is expected to continue, offering attractive income and potential capital gains. With easing headwinds and attractive valuations, there could be a potential re-rating in Asian equities with pockets of opportunities in China India and South Korean Electric Vehicle (EV) sector. HONG KONG and SINGAPORE July 24, 2024 /PRNewswire/ -- Reflecting on the aggressive tightening cycle of 2023, Manulife Investment Management (Manulife IM) now anticipates a pivotal shift in the global economic landscape. At its 2024 Mid-Year Investment Outlook Media Briefing today, Manulife IM revealed that the US interest rate has likely peaked and expects the US Federal Reserve (Fed) to join the global easing cycle later this year. Inflation is expected to align with the Fed's targets, while employment is not anticipated to exert upward pressure on services inflation. Despite these favorable trends, a fundamental slowdown in the US economy is expected, driven by
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MFC
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