Financial newsletter

4 July, 2020: “America is Back” to multilateralism

After the recent NATO meeting, Biden showed his commitment to the Atlantic alliance and, above all, to cooperation among countries. In a piece in El Confidencial, Gonzalo de Cadenas-Santiago, director of macroeconomic and financial analysis at MAPFRE Economics, gives five key issues that will identify these renewed U.S. efforts to foster the multilateralism lost under Trump.

“Investors are already discounting slower growth in the second half of the year in USA”

Faced with an eventual change in the perception of risk, the markets are adopting a more defensive stance. On Radio Intereconomía, Alberto Matellán, chief economist at MAPFRE Inversión, explains that inflationary tensions should be a concern when there are imbalances between oil supply and demand, and anticipates that the next corporate results will show positive data.

Keys that may guide market behavior in the next months

The outlook for the second half of the year seems to be positive, but risks based on previous high expectations may increase. In an appearance on Negocios TV, Alberto Matellán, chief economist at MAPFRE Inversión, assesses that investors are looking more at growth, as “it eventually feeds through to corporate earnings and generates value in the long-term”.

The axes around which the insurance industry will revolve post-pandemic

The profound change that the pandemic has brought about in society is evident, and society has been forced to reinvent itself. The Impact of COVID-19 on conversations about the future of the insurance sector report, prepared by UNESPA, the Spanish insurers’ association, of which MAPFRE is a member, details eight new trends in the insurance sector for the coming years.

Football clubs offer an open goal for investing

Football clubs can provide investors with an early opportunity to enter a well-managed sector with a huge growth potential. Luis García, fund manager at MAPFRE AM, analyzes the interesting investment opportunities this sector presents and suggests that European football clubs are in strong financial shape and that the potential to expand their revenue streams is good.