The Fed surprised almost everyone in June by initiating the tapering discussion. They are worrying about inflation risk and turning less dovish, yet long rates have dropped following the June FOMC.
We’ll talk about this and the key investment calls into summer in our Podcast interview with Vincent Chaigneau, Head of Research at Generali Investments.
00’22” The Fed surprised almost everyone in June by initiating the tapering discussion. Is this a pivotal moment for markets?
01’37” The Fed is worrying about inflation risk and turning less dovish, yet long rates have dropped following the June FOMC? What do you make of it? Does it alter your strategic views?
02’50” the Fed will be cautious, but tapering is approaching. The US fiscal impulse is also starting to diminish. Is this what we call peak policy, and does it make you more defensive?
04’26” To conclude, what are your key investment calls into summer?
Listen to the Podcast now:
Head of Research
Vincent Chaigneau joined Generali Investments in August 2017 as the Head of Research and Head of Group Investment Strategy. In his current role, he is in charge of a unit currently consisting of 25 economists, strategists and credit/equity analysts based in Paris, Cologne, Trieste and Milan. In addition to this, he manages Generali’s Group Insurance Research, a 10-strong team covering insurance and financial service markets around the world and delivering proprietary industry forecasts, market intelligence and megatrend studies.
Vincent joined the Generali Group from Societe Generale Corporate & Investment Banking, where he spent 24 years between Paris, New York and London, last serving as the Co-Head of Fixed Income Research, and Head of Rates & FX Strategy.
A French citizen, Vincent Chaigneau holds a Master’s Degree in International Economics and Finance, and a Podevraduate Degree in Economics and Finance from the University of Bordeaux.