The recovery in US employment we argued for several weeks ago has proven even stronger than what we had expected. This is driving Asian currency depreciation and a global equity market correction. We continue to expect monetary policy to tighten in response. However, the continued grind higher in equity earnings estimates leads us to believe current market falls will be
corrections, not a crash.

Read | Eastspring’s CIO Views Weekly Bulletin

Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.