Institutional investors have had a bumpy ride for the last five years as policymakers scrambled to turn sinking economies around and promote growth.
Research Summary
In this mini-briefing paper, sponsored by BNY Mellon, The Economist Intelligence Unit (EIU) compares the fiscal and monetary actions taken and the results obtained in the US, Europe and Japan since the 2008 financial crisis. We ask institutional investors and economists about their views on these policy paths to draw out lessons learned and provide insight into what may be in store for global financial markets and what investment opportunities may arise in the year ahead.
Why read this report
- The worst may be over for Europe, but investors insist a sustained recovery will require more stimulus spending from the European Central Bank and a reduction of budget deficits in some countries.
- The worst may be over for Europe, but investors insist a sustained recovery will require more stimulus spending from the European Central Bank and a reduction of budget deficits in some countries.
- Investors were divided on prospects for the US economy. Some large investors claim the US will remain struck in weak growth for another five to seven years. Others believe growth in the energy sector, high-tech manufacturing and a housing recovery will create conditions for sustained growth in the new few years.
