Financial markets: “Fundamentalist” models no longer work
Highly expansionary monetary policies are causing financial asset prices to diverge from their fundamentals. This can be seen in the fact that “fundamentalist” models of : Long-term interest rates; Credit spreads; Equity valuation, no longer work. One should therefore refrain from making fundamentalist financial market forecasts .
Provider
Natixis
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.