For investors, says Capital Group, the question is no longer whether local currency EMD merits an allocation. It is how best to capture it.

The space economy is no Jedi mind trick, says Capital Group – it’s already generating real-world opportunities for astute investors.

Capital Group showcases some of its latest AI-related thinking.

As market leadership broadens and earnings growth becomes more diverse, investors may wish to consider whether their portfolios are positioned for the next phase of the cycle.

Bonds have been anything but boring this summer. Capital Group explores whether recent volatility signals a looming crisis or a broader shift to a world of higher interest rates.

Capital Group explains why today’s AI race between the US and China may be the latest example of rivalry acting as a catalyst for innovation.

When US lawmakers invited Capital Group Vice Chair Jody Jonsson to share her perspective on aligning public policy with shifting market conditions, she welcomed the chance.

As market leadership broadens beyond the US, Capital Group portfolio managers Lisa Thompson and Diana Wagner discuss investment opportunities emerging across global equities.

The lesson from past technological revolutions is that the ultimate prize – stronger productivity growth – will depend less on where the technology is developed than on how effectively it is deployed. Capital Group explains.

Emerging markets debt continues to offer income and diversification potential, but portfolio construction is becoming increasingly important.

Capital Group’s latest bond markets insights outline current macro and market views from across Capital Group’s extensive fixed income team and offers insights on investors' bond exposure against an ever-changing backdrop.

Capital Group’s charts help put today’s market concentration in perspective and underscore the need for greater diversification.

The most recent transition is showing up in three important ways – Capital Group tells  us more.

As this concentration grows amid investor euphoria, Capital Group’s Martin Romo believes the winners of this current period will need to be both bold and humble.

At 250, the US economy remains the envy of the world, even as the global system undergoes dramatic changes. Six charts from Capital Group highlight its journey so far – and where it may be headed.

Construction activity in Europe is poised for a gradual recovery. Here, Capital Group lays out three key considerations when investing in European cement and steel industries.

Capital Group’s latest Outlook report offers actionable insights into global markets.

Capital Group has have identified four key forces shaping credit markets in the near term: energy and geopolitics, fragile global growth, AI, and rate volatility driven by central bank divergence.

Capital Group’s Chitrang Purani, Damien McCann, and Timothy Ng assess the outlook for bond markets.

Three equity market themes that Capital Group is focusing on for the remainder of the year and beyond.

Global economic growth is coming under pressure due to the Iran war, rising oil prices and ongoing trade disputes, but one powerful engine is more than making up for it: AI-related investment spending.

A 48-team World Cup gives more nations a seat at the table – but not on equal terms. Capital Group believes the same is true in markets.

Today’s European equity market represents a diversified, innovation-driven and globally connected opportunity set, says Capital Group, offering investors access to high-quality companies with competitive advantages, attractive valuations and long-term structural growth drivers.

In this Capital Group webinar, watch political economist Matt Miller and Reagan Anderson, SVP of government & regulatory affairs, take a look at election year markets.

For many of Capital Group’s economists and portfolio managers, AI is seen more as a long-term job creator than a job destroyer.

The path to lower US interest rates has become less clear, says Capital Group, raising the stakes for both policy decisions and market expectations.

In this environment, says Capital Group, deep fundamental research and careful security selection have become increasingly important.

Capital Group equity portfolio manager Chris Buchbinder and economist Jared Franz examine the bull and bear cases for AI: bubble risk, productivity signals, and when profitability may show up.

Capital Group explores an equity market shaped by risk, but not defined by it.

You don’t have to be happy about bad times, says Capital Group’s Steve Watson – but remember that they can present opportunities as share prices go on sale.

Capital Group presents three views on surging gold prices.

Capital Group addresses two simple questions.

Capital Group shares key insights and portfolio implications to stay ahead of the curve.

Beyond the region itself, the Iran war has already changed geopolitics in lasting ways. Capital Group’s Tom Cooney explores four long-term implications of the war.

As the AI narrative evolves, here are three areas that Capital Group’s investment team are pursuing amid the twists and turns.

Staying attuned to the shifts that pull us closer to one scenario or another will be essential as this transition unfolds, says Capital Group.

Capital Group’s Hiroaki Amemiya explores how the importance of companies capable of delivering sustainable growth – through pricing power, improving profitability, and resilient business models – will likely increase. 

 

Capital Group equity portfolio managers Rob Lovelace and Alan Wilson discuss how advances in AI, drug discovery and industrial innovation could influence everyday life – and what these changes may mean for long-term investors.

War in Iran has injected new uncertainty into the global economy, says Capital Group, reviving concerns that high oil prices could drive up inflation, strain consumer spending, and weigh on economic growth.

AI’s influence on fixed income markets is only just beginning, and its eventual effects will become more apparent as time progresses. Even at this point, however, certain things are clear, says Capital Group. 

Corporate reform is one of the cornerstone developments outlined as part of what Capital Group is calling the Great Global Restructuring.

Three Capital Group investment professionals offer their assessments of the developing US-Iran conflict.

With so much money pouring into AI, it’s natural to wonder if today’s investments are signs of a bubble. That’s why Capital Group’s team is tracking signs of volatility as well as compelling long-term investment opportunities.

Emerging market debt (EMD) has become increasingly appealing to a broader investor base as the asset class has developed. Capital Group explores the opportunities created by navigating local currency EMD with active management.

In a wide-ranging Q&A , Capital Group’s veteran equity portfolio manager Rob Lovelace offers his view on where stock markets are headed.

The structural evolution of the high yield market has reshaped this asset class into something very different from its origins.

Given her view that inflation risks in the euro area are higher than expected, Capital Group economist Beth Beckett suspects it won’t be long before the ECB adopts a hawkish bias.

For investors willing to take a medium to long term view, the region presents a broadening landscape of investment opportunities, says Capital Group.

What needs to happen to return to the days of 5% growth? A lot. But Capital Group’s Jared Franz believes it’s within the realm of possibility.

For investors, says Capital Group, the task is not to dismiss populism outright, but to navigate it selectively.

This pivotal contest is just ten months away, says Capital Group – and the campaign starts in earnest next month when President Donald Trump delivers the State of the Union Address. 

What is particularly unique and exciting for investors about this current juncture is that there appears to be a confluence of transformational and multi-generational shifts occurring simultaneously. Capital Group tells us more.

Overall, what is unfolding is a fundamental shift for the power industry, which has undergone a decade of stagnant consumption.

Capital Group explores how AI, trade, the US debt and dollar outlook are reshaping the investment landscape.

Capital Group's 2026 outlook explores market-driving issues, including tariff uncertainty, the challenge of high valuations, corporate earnings expectations, and how sticky inflation and weakening labour markets are influencing the path of interest rates.

Looking into 2026, Capital Group sees five themes driving its outlook for emerging market debt.

Capital Group tackles the questions sitting front and centre for investors heading into 2026.

If 2025 was the year that tariff-induced uncertainty upended the outlook for the global economy, 2026 could be the year that things come back into focus, says Capital Group.

The election of Japan’s first female prime minister promises to bring greater dynamism to society. All eyes are now on Sanae Takaichi’s focus on more expansionary fiscal and monetary policies. Capital Group explains.

What are fixed income investors to make of the current environment and how should they best position portfolios to capture results? Capital Group’s Flavio Carpenzano and Peter Becker explain.

Capital Group identifies three areas that are progressing in the quest to rebuild a long-neglected segment of the domestic economy.

Korea launched the Corporate Value-Up Program in 2024. After a positive initial impact, market watchers are asking: what comes next? Capital Group’s Chau Nguyen takes a closer look.

US and EM fundamentals provide a strong foundation for continued high income among many sectors of the bond market, says Capital Group.

As this multi-year realignment plays out, identifying which companies can best adapt to the new framework is paramount to successful investing, says Capital Group’s Kohei Higashi.

As the US continues to pursue its America First policies, the rest of the world is adapting to new opportunities and challenges. Navigating this environment will require nimble, flexible and more active management of equities.

AI is emerging as a transformative force, but its impact will vary across regions and sectors. Capital Group believes its strategic adoption and integration will determine the countries and industries that reap the most benefits. 

Capital Group’s Chris Buchbinder believes it’s probably too early to let the risk of bubble trouble overcome the compelling opportunities presented by this powerful new technology.

Over the past decade, shareholder returns in Asia have lagged the US, highlighting the need for change. Korea launched the Corporate Value-Up Program in 2024, designed to align corporate practices with global standards. After a positive initial impact, market watchers are asking what comes next.

Veteran portfolio manager Mark Casey shares insights into how and why he looks for investment opportunities in what he considers to be unstoppable market trends.

With the S&P 500 Index near record highs, have we moved past peak dominance for the Magnificent Seven group of stocks? It appears so, says Capital Group.

Slowing job growth and consumer spending patterns suggest the US economy is weakening. Nevertheless, Capital Group sees reasons for optimism, from the passage of the tax bill to declining interest rates.

While a tactical, possible extended cyclical decline in the dollar is possible, the scale of the US economy and its financial markets should continue to support the currency’s leading position.

The semiconductor industry stands at a fascinating juncture – Capital Group equity investment analyst Timur Sugito shares his insights.

Capital Group assesses where we are in the rapidly changing global trade environment, the effects so far, and where we may be headed.

With September’s quarter-point interest rate cut – the first such move in nine months – Fed officials appear to have made the labour market a key concern.

As we enter the final quarter of 2025, EM debt continues to demonstrate resilience against a complex global backdrop.

If you were hunting for a group of stocks to dethrone the Magnificent Seven, there’s a good chance European banks weren’t top of your list, says Capital Group.

Amid the ongoing uncertainty of tariffs and geopolitics, one area of the corporate bond market that stands out as providing a stable and reliable source of income is the US electric utility sector.

Is the US national debt growing out of control? Capital Group’s Jason Davis, Doug Kletter and Arjun Madan take a closer look.

Capital Group’s Jared Franz considers whether AI can fill the cracks in the US economy.

Over 37 years as a professional investor, Capital Group’s Martin Jacobs has learned that investing in companies with superior leaders is critical to long-term success.

Capital Group portfolio manager Chad Rach shares his thoughts on the events driving muni bonds this year, including an unusually high volume of new issuance.

With tariffs lowered and inflation easing, conditions look more favourable for sustained reflation; however, political instability and possible reversals on immigration are fresh long-term risks.

Capital Group offers four insights to help investors navigate the evolving landscape around nuclear energy and explore investment opportunities.

Although equity investors have been adjusting their regional allocations away from the US dollar in recent months, Capital Group sees little sign of this happening in bond markets.

Capital Group outlines three ways they believe a global focus on security will boost growth for well-positioned companies and drive investment opportunities in the coming years.

US economic resilience, supportive interest rate differentials, and a potentially overestimated dollar risk premium suggest a more positive outlook for the dollar than market sentiment reflects, says Capital Group.

As the world stands at a geopolitical crossroads, Capital Group’s Tom Cooney and Jayme Colosimo attempt to map out a range of possible scenarios for a new world order.

Having closely followed companies in China for 26 years, Capital Group equity investment analyst Johnny Chan has learned not to underestimate what businesses can achieve when it comes to making technological leaps.

Capital Group highlights some characteristics of companies that could be well positioned to weather the shifting tides of trade policy.

Staggering changes over the first half of 2025 have translated into high levels of market volatility – and, according to Capital Group veteran Jody Jonsson, we are living in very interesting times.

Capital Group believes the bond market is well positioned to provide investors with attractive income potential and relative stability, should equity markets swing lower in the second half of the year. 

The consequences of a second China shock could be different from the first, says Capital Group economist Beth Beckett.

Capital Group explores how Japan’s macroeconomic outlook and asset class dynamics are being influenced by the resurgence of Trump-era tariffs, and why Japanese equities could still provide attractive opportunities to investors.

As tariffs, trade wars and real wars upend the global economy, Capital Group believes the path of equity markets remains uncertain heading into the second half of 2025.

There are many ways to describe the outlook for the US and world economies. But, says Capital Group, one word has risen to the top of the lexicon at the midpoint of 2025: uncertainty.

For the first time in many years, the picture is brightening for non-US stocks, and there are new catalysts accelerating change. Capital Group explains.

Capital Group sets out four factors that are likely to influence future of Chinese equities.

What next for the global economy and markets? The Night Watch, a team of Capital Group economists, political analysts and portfolio managers, explores market disruptions to help make better investment decisions.

As investors evaluate their portfolios and asset allocations, a few paradigms will evolve over the next few years. Capital Group’s Jody Jonsson, Jens Søndergaard, Chitrang Purani and Timothy Ng tell us more.

Tariffs levied by the Trump administration have sent global markets reeling. Watch Capital Group portfolio managers Jody Jonsson and Chitrang Purani assess the implications for stocks and bonds.

Capital Group’s Analyst Etrit Vllasalija looks at investment opportunities within European banks, focusing on differences versus US names after recent regulatory changes.

Globalisation isn’t dead, says Capital Group’s Steve Watson – it is, however, changing in a significant way. 

Capital Group’s Thomas Reithinger and Doug Kletter assess the factors at play in the Treasuries market.

Capital Group shares five insights that can help investors regain confidence and stay invested for the long haul.

Visit Capital Group’s tariffs hub to find consolidated insights and resources to help investors handle tariff turbulence and stay focused on their long-term goals.

Even if Trump negotiates deals to mitigate the effects of tariffs relatively soon, Capital Group believes we should consider a scenario where he continues to disregard historical norms in policy decision making.

Capital Group’s Kirstie Spence assesses how EMs will be impacted by the tariffs.

The sharp market selloff serves as an effective reminder that it is always a good idea to maintain a balanced portfolio with an eye toward downside protection, says Capital Group.

Investors in multi-sector income strategies may capture value by shifting allocations strategically across a diversified mix of sectors, says Capital Group.

Despite the headlines, Capital Group believes this remains a positive environment for credit.

Capital Group’s Timothy Ng, Fixed Income Portfolio Manager, explains his thinking about the probabilities behind the different scenarios, and considerations for portfolio positioning.

Tariffs are making headlines as the Trump administration implements trade policies. But what are they, why are they used, and how do they impact investors? Capital Group economists explain with five charts.

The first episode of the Analyst View, Capital Group’s new podcast series, charts the future of the luxury cruise liner industry.

Capital Group’s Anirudha Dutta, Macro Analyst, assesses the challenges that could dent – but not derail – the India story.

Expanding the opportunity set by adopting a global approach can provide fixed income investors with several important benefits, says Capital Group’s Jeremy Cunningham.

With growing noise around tariffs, Capital Group outlines what it is doing to consider a range of potential outcomes for the economy, markets and companies.

Bitcoin and other cryptocurrencies have captured the imagination of investors, rising to become a more accepted and influential asset class. Capital Group takes a closer look.

Three Capital Group investment professionals offer their take on opportunities and vulnerabilities as the Trump administration seeks to drastically reshape foreign and domestic policy.

Watch Capital Group portfolio manager Rob Lovelace and economist Jared Franz discuss economic cycles, developments in AI and healthcare, and the impact tariffs could have on markets.

Several large stimulus programmes introduced by the Biden administration have been scaled back. Capital Group outlines how global companies across a variety of sectors could be impacted by US policy changes.

What are the actual, lasting impacts of tariffs on the United States and other countries? Three Capital Group professionals with a close eye on trade policy offer their views.

Does the sudden flare-up in volatility signal it’s time for investors to be more cautious? Or can the powerful market rally continue? For Capital Group CIO Martin Romo, the short answer is yes. And yes.

Capital Group’s Beth Beckett, Economist, looks past the macro gloom.

Right now, it appears there are several transformational changes happening all at once. Capital Group explores how equity markets are responding. 

Capital Group fixed income portfolio manager Pramod Atluri outlines five themes expected to drive core bond portfolios in 2025.

As we enter the mid-point of the decade, Capital Group’s Rob Lovelace shares his equity market outlook and the investment themes driving his portfolio decisions.

Capital Group CEO Mike Gitlin and vice chair Jody Jonsson discuss opportunities and challenges in the evolving investment landscape, share their market outlook and assess important trends in the financial industry.

To help investors explore the investment implications in global equity markets over the near and longer term, Capital Group has published the first of its quarterly Equity Perspectives reports.

Capital Group’s latest ‘5 keys to investing’ report highlights some interesting takeaways about the current environment and shares potential actions to consider as investors evaluate the year ahead.

Capital Group believes it’s time for income and credit investors to accept duration back into the friend circle.

The enduring resilience of the US economy will be a key driver of financial markets in 2025 and beyond. 

As we head into 2025, it is hard not to notice several parallels with the past; it feels like we have seen this movie before.

Clear tailwinds are gathering behind equity markets, providing an upbeat outlook for stocks in 2025.

Capital Group’s paper highlights the importance of active management and bottom-up fundamental research in effectively navigating the multifaceted emerging market debt (EMD) landscape.

As inflation eases and central banks around the world cut interest rates, the outlook for the global economy remains decidedly mixed heading into the new year.

According to Capital Group’s Damir Bettini, all-in yields on global investment grade credit of between 4.5% and 5%, for an asset class that is A-minus rated on average, seem attractive.

Given the change in US leadership, separating the winners and losers of Trumponomics 2.0 is front and centre for many investors.

Trump’s mercantilism could spell instability, says Capital Group.

In the wake of Donald Trump’s victory in the US presidential election, Capital Group shares analysis from portfolio manager Kirstie Spence on the impact on emerging markets, focusing on expansionary fiscal policy and potential protectionism/tariffs.

Capital Group’s latest Ahead of the Curve paper examines opportunities for fixed income investors in what is likely to remain a positive environment for the asset class.

Trump’s key policy issues, such as tax cuts, higher tariffs and immigration curbs, may come faster than expected — potentially in the early months of 2025, says Capital Group.

As markets have recovered, the fresh opportunity to get invested is clear — and sitting on cash-like holdings should have less appeal.

If past trends are any indication, 5 November could be just the beginning, says Capital Group.

AI is touching almost every corner of the global economy – but what are the implications for ESG issues?

Don’t let uncertainty get in the way of your long-term investment goals, says Capital Group – here are five opportunities to consider as the Fed pivots to interest rate cuts.

What direction could equity markets take from here? Will they continue on a narrow path - led by large-cap tech stocks - or is there potential for a wider range of opportunities?

Certain resource constraints could prevent AI growth rates from meeting lofty expectations, but the bottlenecks might not be where you expect, says Capital Group.

In the wake of China and India’s dominance, smaller ASEAN countries have slipped under the investment radar and valuations in select companies look increasingly attractive. 

Capital Group’s Jens Søndergaard examines what the outcome of the US election could mean for EM currencies through the impact on tariffs, sanctions, US fiscal policy, unorthodox economic policies and immigration.

With risks to growth building, Capital Group expects the ECB to bring forward cuts in its policy rate, meaning the easing cycle will likely be quicker and more aggressive than previously thought. 

In the 2008 film The Curious Case of Benjamin Button, the title character ages in reverse – oddly enough, Capital Group’s Jared Franz thinks the US economy is doing something similar.

John Emerson, geopolitical analyst and vice chair of Capital Group, shares his insights on the upcoming US Presidential election, including key factors to watch, potential outcomes, and how investors can navigate uncertainties.

Capital Group fixed income portfolio manager Timothy Ng and economist Jared Franz delve into the Federal Reserve’s recent action and analyse potential implications for interest rates, broader fixed income markets and the economy.

Capital Group believes that hyperconcentration in the US stock market may be nearing a peak.

Following events that began to unfold in 2022, Capital Group believes we are now in a market cycle marked by structurally higher interest rates, more volatile inflation, and elevated geopolitical tensions.

Bonds now offer compelling investment opportunities alongside continued lower inflation and central banks entering the easing cycle, says Capital Group.

Historically, pivots in monetary policy have significantly impacted market returns and, as such, Capital Group believes they warrant a rethink of investors’ defensive allocations.

A great deal of market commentary over the past several months has focused on the potential for the US economy to achieve a “soft landing.” What exactly is that?

Capital Group explores three investment ideas from the latest round of earnings reports.

Although our base case remains for a soft landing, it is important to keep an open mind, given the extraordinary events of the past few years, says Capital Group.

This November is shaping up to be one to remember. Watch veteran political commentators Matt Miller and Reagan Anderson debate how the revised race is developing, and the lessons investors can learn from election history.

An excerpt from equity portfolio manager Mark Casey’s unscripted discussion with Capital Group’s CEO Mike Gitlin about his investment approach and lessons learned over a long career in Silicon Valley.

Capital Group equity portfolio manager Chris Thomsen discusses opportunities he is currently seeing across India, the Philippines, Vietnam and Indonesia.

Portfolio managers Rob Lovelace and Noriko Chen discuss the dynamics shaping world markets and where they see the greatest opportunities.

Investor enthusiasm for artificial intelligence has gripped the financial markets and shows no signs of loosening its hold.

Capital Group political economist Talha Khan shares his views on the political shifts taking place across Europe and also discusses the upcoming US Presidential election and its potential impact on Europe.

Join portfolio managers Brad Freer and Arthur Caye as they discuss evolving dynamics in emerging market equities, and how investors should think about allocation to the asset class.

Capital Group investment analyst Jason Zhang discusses the key characteristics that make China so dominant in the EV space and whether the country can maintain its leading position in the face of growing scrutiny.

Capital Group’s perspective on how shifting expectations for rate cuts may impact bond yields, plus where to find relative value among bond sectors.

As investors, we must face up to a new reality of investing and consider fresh scenarios. What does this mean for the market outlook?

Capital Group portfolio manager Damien McCann explains why he expects resilience to continue, and discusses the opportunities he sees in multi-sector credit portfolios.

Capital Group CEO Mike Gitlin interviews EMD veteran Kirstie Spence, who explains how this asset class has evolved, and why she travels the world searching for investment opportunities.

After a strong rally in the first half of the year, stocks appear to be headed into the second half with a powerful tailwind and an even brighter outlook.

India’s incumbent Prime Minister Narendra Modi secured a third term, but the race was tighter than expected, creating some uncertainty about the country’s direction over the next five years.

The United States, flexing its muscles as the world’s largest economy, is once again serving the critical role of global growth engine.

As long-term investors, Capital Group looks far beyond quarterly earnings, but also pays close attention because they can reflect underlying trends.

Meta’s dividend initiation this year appears to have changed the payout paradigm for Big Tech companies.

“Whether it’s biotechnology or medical devices, there has always been an important moment that has changed how investors view a new technology or therapy,” says Capital Group’s Rich Wolf.

Capital Group’s Darrell Spence, Economist, sees three solid reasons to keep the federal funds rate right where it is throughout 2024.

Despite intensifying concerns around deindustrialisation, German manufacturing is quickly adapting to the new economic paradigm.

Capital Group explores whether generative AI has launched a lasting megatrend, or whether its potential been greatly exaggerated.

The current high level of yield available in investment grade corporate bonds provides an unprecedented opportunity to lock in attractive income and returns for years to come.

Capital Group’s portfolio managers and analysts are scouring the world for enduring trends that have the potential to transcend individual sectors and impact the broader investing landscape for years to come.

Based on recent statements from Fed governors, the most realistic scenario appears to be that the central bank will begin tapering the QT programme in June.

Capital Group’s veteran politics watcher John Emerson discusses how the picture is taking shape ahead of the US elections in November, and casts an eye over other polling activity around the world.

Governments, regulators, companies and consumers are rethinking the way food is produced and consumed in an increasingly resource-constrained world. Innovation and disruption are already happening and is set to accelerate over coming years.

Historically, these pivots in monetary policy have significantly impacted market returns and, as such, warrant a rethink of investors’ defensive allocations.

Demographic changes have major implications, says Capital Group’s Jarez Franz.

Politics can bring out strong emotions and biases, but investors would be wise to put these aside when making investment decisions, warns Capital Group.

Capital Group explores friendshoring – a deliberate policy decision to encourage trade with friendly neighbours at a time when geopolitical tensions are increasing around the world.

Capital Group’s Matt Reynolds outlines some of the key investment opportunities that are being unlocked by technological breakthroughs across a patient’s journey.

As the Fed appears to be pivoting to a more dovish stance, potentially leading to an easing of financial conditions, the outlook for small cap stocks is brightening.

With flooding, storms and extreme heat becoming more frequent and severe, the weather looks poised to play an even more prominent role among investment considerations.

A daily diet of negative news can make the most experienced investors  lose conviction in their long-term investment plans – but here are five reasons why Capital Group is confident about the future.

As the Federal Reserve (Fed) appears to be pivoting to a more dovish stance, potentially leading to an easing of financial conditions, the outlook for small cap stocks is brightening.

Capital Group’s fixed income analysts outline what the changing macroeconomic environment might mean for banks, as well as the key opportunities and risks facing the sector.

Portfolio manager Rob Lovelace offers his view on where markets are headed, the rise of the Magnificent Seven, the interest rate environment, and select investment themes driving his portfolio decisions.

Quarterly macro and market insights from Capital Group’s fixed income team.

… some caution is warranted, says Capital Group.

With inflation falling and the Fed signalling an end to its historic tightening cycle, the landscape for bond investors is beginning to look much clearer.

As AI continues to proliferate, Capital Group has produced a framework to clarify the opportunities.

Whatever is in store for investors in the year ahead, Capital Group has five keys to keeping long-term plans on track in 2024.

Innovation remains a critical driver for success today.

What comes next?

Whether it’s the rapid expansion of disruptive technologies or shifts in strategic relationships, change provides a wealth of investment opportunities.

Capital Group outlines the global backdrop that emerging markets (EMs) can expect in 2024. 

Prepare for changes in the investing climate, says Capital Group.

Time for diversification – a strong corporate earnings rebound could be the tailwind that drives stock prices in 2024.

A mixed picture for global growth in 2024. 

Flavio Carpenzano, Investment Director, explains why Capital Group thinks IG credit provides the better opportunity.

Will European consumers be interested in buying Chinese EVs, and will China’s automakers slash prices to grab market share?

Capital Group’s analysis shows that investors would be well served by diversifying into stocks once interest rates peak.

The time-honoured relationship between stocks and bonds has broken down over recent years, but there are encouraging signs of its eventual return.

The knowledge economy, or digital trade, is gaining momentum, and this is giving rise to a new breed of idea-driven global giants. 

Capital Group shares why they believe in the value of fixed income in portfolios, and how bonds should be viewed in this different world.

Capital Group’s analysis points to one clear implication: the importance of investing in fixed income despite ongoing uncertainty. 

Fed’s 2% inflation target could be delivered early, says Capital Group economist Jared Franz.

Fixed Income Perspectives Q4 2023: quarterly macro and market insights from Capital Group’s fixed income team.

Focus on finding idiosyncratic company and sector opportunities against an uncertain backdrop. 

An appealing entry point for global rates exposure, given uncertainties around the global macroeconomic backdrop. 

Considering material ESG risks and opportunities helps shape Capital Group’s research and analysis of sovereign issuers. 

We need to talk. 

Stocks and bonds stumble on rising rates.

Soaring inflation and sharp shifts in equity market leadership have taken their toll – how are these market events playing out in the ESG arena? 

Distinct valuation ‘eras’ can be seen in stock markets across the decades, typically driven by broader macro trends. 

A sector for all seasons: global investment grade corporate bonds should once again offer relative stability and diversification to risk assets.

The most important question for investors is not how high will rates go, but how long will high interest rates last? 

Mike Gitlin, Incoming President & CEO believes we’re on the cusp of a major transition.

Nine things you need to know. 

Will reforms further unlock stock valuations?

With starting yields at levels between 5.5% and 8.5%, the stage is set for positive total returns over the longer term.

ESG integration has become a valuable aspect of investment idea generation, research and analysis. 

FIxed income portfolio managers Damien McCann and David Daigle offer their thoughts on compelling investment opportunities as the economy and the Fed near a pivotal phase. 

Capital Group’s Haran Karunakaran explores whether we are at an inflection point where it makes sense to shift back into fixed income.

Just seven companies have kept the S&P 500 Index afloat this year, and this “bad breadth” is challenging the industry in a way that hasn’t been seen in roughly 40 years, says Capital Group.

Investing is a business of assessing risk and seeking reward – mistakes are inevitable. Five veteran Capital Group portfolio managers share their investing mistakes and the subsequent lessons they learned. 

Four of Capital Group’s most tenured fixed income portfolio managers — two retired and two current —provide insights and lessons learned over their long careers.

Could falling inflation and a global soft landing over the coming months trigger a recovery in UK equities?

What happened to the widely predicted recession that was supposed to wreak havoc on the US economy this year? It happened, says Capital Group – just not all at once. 

Many technology stocks have soared since ChatGPT captured the public's imagination earlier this year. Capital Group believes this is the start of the next megacycle for the technology sector.

Capital Group’s Kirstie Spence, fixed income portfolio manager, shares her outlook for emerging market debt and outlines the three things currently exciting her about the asset class.

Capital Group’s Anne Vandenabeele, Economist, assesses the outlook for Japan.

As emerging market (EM) headline inflation trends down, we can expect a more visible slowing of core inflation in the second half of 2023, says Capital Group’s Peter Becker.

Capital Group’s portfolio managers and economists discuss the prospects for equities, bonds and economies in this new reality.

R-star is the real interest rate that is neither expansionary nor contractionary when the economy is at full employment, says Capital Group’s Jared Franz.

After a rough 2022, fixed income is back to fulfilling its role as a source of stability and diversification.

Drawdown is becoming a more important part of the retirement investment journey, says Capital Group’s Philip May, Director of Retirement Income Solutions.

Capital Group’s Shannon Ward, fixed income portfolio manager, discusses numerous factors she believes are creating a compelling opportunity in US high-yield bonds.

Since the start of the year, the potential long term investment opportunity for fixed income has increased. Capital Group’s Peter Becker and Flavio Carpenzano tell us more.

Even as the global economic outlook weakens,  powerful tailwinds are forming behind certain areas of the equity markets that previously spent many years in the wilderness. Capital Group tells us more.

The global economy has managed to avoid a recession in recent months – but that’s likely to change in the second half of the year, says Capital Group economist Jared Franz.

With lending standards growing tighter, investors are getting increasingly nervous about problematic properties lurking on bank balance sheets.

Capital Group’s Natalya Zeman explores whether the dollar’s recent decline signals the end of its decade-long bull run, creating a positive backdrop for emerging market equities.

Many of the names that led the last great bull market — Alphabet, Apple, Microsoft, Meta and Nvidia— are leading a nascent recovery. Capital Group explores the factors driving the rally.

This year is already shaping up to be favourable for fixed income returns, say portfolio managers Vince Gonzales and John Queen. 

Portfolio manager Damien McCann explains where he sees value across four primary credit sectors.

Capital Group economist Robert Lind believes financial markets could be underestimating a potential shift to a higher-inflation regime.

Capital Group assesses the issue, which could come to a head this summer as the US Treasury starts running out of money to pay its bills.

Increased dispersion in credit spreads brings opportunities for active managers, says Capital Group.

Tightening monetary conditions are starting to bite and investors are beginning to price in a more challenging growth environment.

Three questions have weighed on investors’ minds for months: will there be a recession? How bad will it be? And what comes next? 

Capital Group portfolio managers and analysts examine recent breakthroughs in the AI space and whether the sector may be nearing a commercial tipping point.

Capital Group’s Keiyo Hanamura, Investment Director, explores whether we are really returning to the pre-Covid era.

Capital Group’s Q1 roundup.

For more than a year, investors have wondered what might prompt the Fed to alter its aggressive rate-hiking path. The collapse of SVB Financial may have provided the answer.

With the fight against inflation still under way amid the banking turmoil, dividend-income investment opportunities could grow in importance and play a significant role in total return.

The three major factors driving EM debt – US financial conditions, the dollar and global growth – look likely to have been changed by the shock to the banking sector.

Despite the market’s conviction, the macro-economic outlook remains uncertain and security selection will be crucial to capture opportunities.

Capital Group shares 10 long-term themes that their investment team is focusing on right now. As these ideas illustrate, even during periods of uncertainty, it can be an exciting time to be an investor. 

Spillovers from China’s reopening will be mostly positive and the main channels are through tourism, goods imports and commodity prices. 

As the fallout from the collapse of Silicon Valley Bank ripples across the world, markets continue to consider potential contagion effects on the global banking sector and beyond.

Given the turbulence, aren’t multinational companies the most vulnerable of all? Jody Jonsson, Equity Portfolio Manager, believes the opposite is true.

Growth stocks took a beating in 2022, no question about that. The crucial question for growth-oriented investors today is: where do we go from here?

Is there more fuel in the tank for energy stocks?

Questions are being asked about this traditional investment approach following a dismal 2022, but investors should not overlook their long-term credentials because of a single bad year.

Five of Capital Group’s fixed income investment professionals share their experiences of considering and discussing material ESG matters with issuers. 

Many companies are taking big steps to diversify their supply chains, focusing on reliability and robustness over cost and efficiency.

Capital Group’s Director of Retirement Income Solutions Philip May outlines key findings from a specially commissioned study by leading financial research specialist NMG.

Robert Lind, Europe economist, was recently asked how I could square my view of a more resilient European economy with leading financial indicators that point to a sharp downturn.

Analysis shows that bonds already price in most of the downside risk and are expected to deliver favourable outcomes across a number of scenarios.

As nearly three years of lockdowns come to an end in China, will 2023 be a turning point for equity investors?

Global ownership of EM bonds stands at its lowest point in close to a decade – but EMs with stronger fundamentals should see inflows.

Equity investment analyst Gigi Pardasani, equity portfolio manager Andrew Suzman and equity analyst Dominic Phillips share their perspective on the potential for a coming industrial renaissance.

Capital Group’s review of world markets in the final quarter of 2022.

Capital Group’s economist Anne Vandenabeele shares her view on the outlook for Japan, potential benefits from the reordering of supply chains, and opportunities in the years ahead.

Four contrarian scenarios in which Capital Group’s economists think current market consensus, as reflected in asset prices, may not be the most probable outcome.

Capital Group economist Jared Franz expects the U.S. economy to contract by about 2% in 2023. That would be worse than the tech and telecom bubble of the early 2000s, but not nearly as bad as the 2008–09 financial crisis.

Here, fixed income portfolio managers from across Capital Group weigh in about what’s next for bonds.

The market pivot away from growth stocks over the past year has brought the dividend component of total stock returns back into focus.

The market pivot away from growth stocks over the past year has brought the dividend component of total stock returns back into focus.

Generating income is a key role of fixed income. For investors, the durability of income streams becomes more important amid heightened volatility in both equity and bond markets.

It has been quite a topsy-turvy 2022 for Chinese equities so far. What are the key factors that have contributed to the volatility?

Retirement income is facing its biggest threat in decades. UK Inflation is at a 40 year high which is reducing the purchasing power of income. At the same time investment returns have stagnated in 2022.