Thinking | T. Rowe Price

Our Collected Views

All Asset Classes
Equity
Fixed Income
Multi-Asset

All Regions
Global
Europe
Asia Pacific
Emerging Mkts
US

This Quarter (Q4 2020) Hide

December 2020 / MARKET OUTLOOK

China Market Outlook 2021

Improving fundamentals are likely to be sustained.

By Wenli Zheng

Wenli Zheng Regional Portfolio Manager

December 2020 / GLOBAL MARKET OUTLOOK

Managing to the Other Side

New vaccines could accelerate recovery, boost cyclical sectors

By David Giroux, Justin Thomson & Mark Vaselkiv

December 2020 / VIDEO

What COVID-19 Vaccines Could Mean for Markets

By Sebastien Page

Sebastien Page Head of Global Multi-Asset

December 2020 / MARKET OUTLOOK

Australia 2021 Market Outlook: Cautiously...

Australia 2021 Market Outlook: Cautiously Optimistic

Australia 2021 Market Outlook: Cautiously...

Reduced global uncertainty is positive for Australian equities.

By Randal Jenneke

Randal Jenneke Head of Australian Equities

December 2020 / INVESTMENT INSIGHTS

Who Could Win in the Value vs. Growth Debate?

Applying active decision-making is key in an uncertain environment

By Laurence Taylor

Laurence Taylor Portfolio Specialist

December 2020 / MARKETS & ECONOMY

Market Optimism May Be Justified—But I Urge...

Market Optimism May Be Justified—But I Urge Caution

Market Optimism May Be Justified—But I Urge...

Weak growth and a fiscally hamstrung U.S. signal trouble ahead

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

December 2020 / INVESTMENT INSIGHTS

Central Banks Are Not Out of Ammunition Yet

How the prospect of further monetary easing could impact bond markets

By Arif Husain & Quentin Fitzsimmons

November 2020 / INVESTMENT INSIGHTS

U.S. Election Results Appear Market-Friendly

Divided government likely would produce moderate policies

By Katie Deal, John Linehan & Mark Vaselkiv

November 2020 / INVESTMENT INSIGHTS

Secular Forces Are Carving New Paths for...

Secular Forces Are Carving New Paths for Active Investing

Secular Forces Are Carving New Paths for...

The coronavirus has accelerated and redirected long-term trends

By Yoram Lustig & Michael Walsh

November 2020 / INVESTMENT INSIGHTS

Uncovering Opportunities in Noninvestment-Grad...

Uncovering Opportunities in Noninvestment-Grade Credit

Uncovering Opportunities in Noninvestment-Grade...

Credit analysis can reveal value in bank loans, high yield bonds

By Paul Massaro & Michael Della Vedova

November 2020 / POLICY INSIGHTS

Biden Focus on Regulation Could Have Broad...

Biden Focus on Regulation Could Have Broad Impact

Biden Focus on Regulation Could Have Broad...

Efforts to achieve environmental goals may be consequential

By Katie Deal

Katie Deal Associate Analyst

November 2020 / ASSET ALLOCATION STRATEGY

The Case for High Yield Bonds

Searching for income amid low investment-grade bond yields

By Tim Murray

Tim Murray Capital Markets Analyst

November 2020 / MARKETS & ECONOMY

Biden Win Might Bring Mixed Outlook for Invest...

Biden Win Might Bring Mixed Outlook for Investors

Additional fiscal stimulus likely, tax hikes uncertain.

By T. Rowe Price

T. Rowe Price

October 2020 / VIDEO

Quarterly Australian Equity Market Outlook

Views on the market and portfolio positioning

By Randal Jenneke

Randal Jenneke Head of Australian Equities

October 2020 / INVESTMENT INSIGHTS

Why ESG Is Integral to Analysis of Mining...

Why ESG Is Integral to Analysis of Mining Companies

Why ESG Is Integral to Analysis of Mining...

Integrating ESG factors helps better understand long-term sustainability

By Willem Visser

Willem Visser Credit Analyst

October 2020 / BLOG

Federal Spending Could Be a Catalyst for...

Federal Spending Could Be a Catalyst for Industrials

Federal Spending Could Be a Catalyst for...

Sector is particularly sensitive to economic conditions

By Katie Deal

Katie Deal Associate Analyst

October 2020 / MARKET OUTLOOK

COVID-19 Has Transformed the US High Yield...

COVID-19 Has Transformed the US High Yield Opportunity Set

COVID-19 Has Transformed the US High Yield...

Downgrades and defaults have had a major impact on the asset class.

By Kevin Loome & Gregor Dannacher

October 2020 / VIDEO

Top Market Risks to Watch for the Rest of...

Top Market Risks to Watch for the Rest of 2020

Top Market Risks to Watch for the Rest of...

Given US event risks and the likelihood of asset rotation, we are looking to reduce...

By Mark Vaselkiv

Mark Vaselkiv Chief Investment Officer, Fixed Income

October 2020 / INVESTMENT INSIGHTS

U.S. Presidential Election Adds to Uncertain...

U.S. Presidential Election Adds to Uncertain Environment

U.S. Presidential Election Adds to Uncertain...

Candidates offer divergent agendas that could impact markets

By T. Rowe Price

T. Rowe Price

Previous Quarter (Q3 2020) Hide

September 2020 / VIDEO

T. Rowe Price Australian Equity Fund

The Australian Equity Fund with the World Behind It

By Randal Jenneke

Randal Jenneke Head of Australian Equities

September 2020 / INVESTMENT INSIGHTS

The Federal Reserve Crashes the Currency...

The Federal Reserve Crashes the Currency Party

The Federal Reserve Crashes the Currency...

Why the Federal Reserve actions could make the U.S. dollar weaker.

By Arif Husain, Andrew Keirle & Ken Orchard

September 2020 / INVESTMENT INSIGHTS

Sustainability Drives Success in High-Quality...

Sustainability Drives Success in High-Quality Growth Companies

Sustainability Drives Success in High-Quality...

Find out more about why sustainability is an important indicator of a high-quality...

By Scott Berg

Scott Berg Portfolio Manager

September 2020 / INVESTMENT INSIGHTS

Growth Versus Value: A Balanced View

Stocks are bifurcated, with secular trends driving growth.

By Tim Murray

Tim Murray Capital Markets Analyst

September 2020 / INVESTMENT INSIGHTS

Volatility in Technology Highlights Importance...

Volatility in Technology Highlights Importance of Selectivity

Volatility in Technology Highlights Importance...

We believe the sector’s long-term growth stories remain strong

By Alan Tu

Alan Tu Portfolio Manager

September 2020 / INVESTMENT INSIGHTS

Fed Moves to Average Inflation Targeting

New policy framework effectively prioritizes maximum employment

By Alan Levenson, Nikolaj Schmidt & Adam Marden

September 2020 / INVESTMENT INSIGHTS

Opportunities and Risks in a Low-Yield World

Why fixed income investors should look beyond current yield levels.

By Arif Husain

Arif Husain Head of International Fixed Income

August 2020 / INVESTMENT INSIGHTS

Rising Climate Change Risk Not Yet Factored...

Rising Climate Change Risk Not Yet Factored in by Markets

Rising Climate Change Risk Not Yet Factored...

Limited impact on near-term cash flows is masking longer‑term risk.

By Maria Elena Drew

Maria Elena Drew Director of Research, Responsible Investing

August 2020 / INVESTMENT INSIGHTS

High Yield Bonds Continue to Offer Value

Opportunities remain despite recent spread tightening

By Michael Della Vedova

Michael Della Vedova Portfolio Manager

August 2020 / INVESTMENT INSIGHTS

Emerging Markets Are Leading the Way in Fintec...

Emerging Markets Are Leading the Way in Fintech

Meeting the needs of a whole new customer base

By Charles Knudsen & Irmak Surenkok

August 2020 / VIDEO

Investing in a Pandemic

By Samuel P. Ruiz

Samuel P. Ruiz Portfolio Specialist

August 2020 / VIDEO

Why Our Asset Allocation Committee Favours...

Why Our Asset Allocation Committee Favours Emerging Markets Stocks

Why Our Asset Allocation Committee Favours...

We think there are very good active management opportunities in the asset class at...

By Sebastien Page

Sebastien Page Head of Global Multi-Asset

August 2020 / BLOG

Potential Winners and Losers from Biden's...

Potential Winners and Losers from Biden's Climate Plan

Potential Winners and Losers from Biden's...

Regulations would affect the energy sector and automotive industry

By Katie Deal

Katie Deal Associate Analyst

August 2020 / INVESTMENT INSIGHTS

ESG Integration in Action

New case studies explaining how our investment professionals incorporate ESG factors...

By Johnny Rowles, Zenon Voyiatzis & Alison Yip

August 2020 / INVESTMENT INSIGHTS

Investing Through the Pandemic

Managing a global equity strategy during the covid crisis

By Scott Berg

Scott Berg Portfolio Manager

August 2020 / INVESTMENT INSIGHTS

The Search for Yield

Discover the latest global market themes and the outlook for the world's major regions.

By Tim Murray

Tim Murray Capital Markets Analyst

July 2020 / INVESTMENT INSIGHTS

ESG Integration in Action— TSMC Case Study

Environmental management a key factor in our investment analysis of Taiwan Semiconductor...

By Alison Yip

Alison Yip Investment Analyst

July 2020 / INVESTMENT INSIGHTS

ESG Integration in Action— Bayer Case Study

How engagement helped to underpin our investment thesis.

By Johnny Rowles

Johnny Rowles Associate Analyst

July 2020 / INVESTMENT INSIGHTS

ESG Integration in Action—Case Study

By Zenon Voyiatzis

Zenon Voyiatzis Insurance Sector Equity Analyst

July 2020 / INVESTMENT INSIGHTS

When Diversification Fails

Reexamining portfolio construction amid the coronavirus crisis.

By Multiple Authors

July 2020 / VIDEO

Our ESG Integration Approach

This introductory video illustrates how we are integrating ESG factors into investment...

By T. Rowe Price

T. Rowe Price

July 2020 / INVESTMENT INSIGHTS

“Deferred Growth” Companies Pose Intriguing...

“Deferred Growth” Companies Pose Intriguing Opportunities

“Deferred Growth” Companies Pose Intriguing...

Some strong firms may benefit from a delayed surge in demand.

By Nabil Hanano & James Stillwagon

July 2020 / VIDEO

Quarterly Australian Equity Market Outlook

Views on the market and portfolio positioning

By Randal Jenneke

Randal Jenneke Head of Australian Equities

July 2020 / POLICY INSIGHTS

Higher Tax Rates Expected in Biden Administrat...

Higher Tax Rates Expected in Biden Administration

Rise in corporate and personal taxes to finance domestic programs

By Katie Deal

Katie Deal Associate Analyst

July 2020 / INVESTMENT INSIGHTS

Six Risks to the Post-Coronavirus Recovery

Policymakers face obstacles in getting the economy back on track.

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

July 2020 / INVESTMENT VIEWPOINT

Australia: Coping with Covid

Looking to end the lockdown in July.

By Randal Jenneke

Randal Jenneke Head of Australian Equities

Q2 2020 Show

June 2020 / INVESTMENT VIEWPOINT

China Becomes a Renewed Target in the 2020...

China Becomes a Renewed Target in the 2020 Election

China Becomes a Renewed Target in the 2020...

Tensions mount over key issues in wake of the pandemic.

By Katie Deal

Katie Deal Associate Analyst

June 2020 / INVESTMENT VIEWPOINT

Surging Fiscal Deficits Should Not Unleash...

Surging Fiscal Deficits Should Not Unleash Bond Market Chaos

Surging Fiscal Deficits Should Not Unleash...

Strong institutional infrastructures should keep inflation at bay.

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

June 2020 / VIDEO

Take a look at our Thinking on ESG

Environment, Social and Governance

By Maria Elena Drew

Maria Elena Drew Director of Research, Responsible Investing

June 2020 / MARKET OUTLOOK

Managing to the Other Side

Four themes driving our Midyear Market Outlook

By Robert W. Sharps, Justin Thomson & Mark Vaselkiv

June 2020 / INVESTMENT INSIGHTS

China Is Leading the Asian Recovery

As COVID-19 fizzles out, China reopens for business

By Wenli Zheng

Wenli Zheng Regional Portfolio Manager

June 2020 / INVESTMENT INSIGHTS

Taking the Market’s PULSe in the Coronavirus...

Taking the Market’s PULSe in the Coronavirus Era

Taking the Market’s PULSe in the Coronavirus...

Introducing a new indicator for turbulent markets.

By Thomas Poullaouec

Thomas Poullaouec Head of Multi-Asset Solutions, APAC

June 2020 / INVESTMENT INSIGHTS

Have Stocks Become Too Expensive?

Despite dire forecasts, equity valuations remain reasonable

By Tim Murray

Tim Murray Capital Markets Analyst

June 2020 / INVESTMENT INSIGHTS

Governance: Private vs. Public Companies

Unique aspects of private investments require different level of stewardship.

By Donna Anderson

Donna Anderson Head of Corporate Governance

June 2020 / INVESTMENT INSIGHTS

Rebalancing Through Market Drawdowns

A prudent approach can be critical when markets are stressed.

By Christina Moore & Som Priestley

May 2020 / INVESTMENT INSIGHTS

Looking at Emerging Market Bonds Through...

Looking at Emerging Market Bonds Through New Lenses

Looking at Emerging Market Bonds Through...

How recent developments could impact the asset class

By Andrew Keirle

Andrew Keirle Portfolio Manager

May 2020 / VIDEO

Introducing the T. Rowe Price Global Equity...

Introducing the T. Rowe Price Global Equity Fund

Introducing the T. Rowe Price Global Equity...

It really is the whole world in a fund.

By Scott Berg

Scott Berg Portfolio Manager

May 2020 / INVESTMENT INSIGHTS

How the T. Rowe Price Dynamic Global Bond...

How the T. Rowe Price Dynamic Global Bond Fund May Help in Volatile Markets

How the T. Rowe Price Dynamic Global Bond...

Portfolio manager Arif Husain takes a look back at recent performance and discusses...

By Arif Husain

Arif Husain Head of International Fixed Income

May 2020 / INVESTMENT INSIGHTS

Inflation Should Not Trouble Investors in...

Inflation Should Not Trouble Investors in the Near Term

Inflation Should Not Trouble Investors in...

Central bank money printing is supported by stable dynamics

By Nikolaj Schmidt

Nikolaj Schmidt Chief International Economist

May 2020 / VIDEO

Performance & Positioning of Dynamic Global...

Performance & Positioning of Dynamic Global Bond (DGB)

Performance & Positioning of Dynamic Global...

A tour around New Zealand with Joran Laird

By Joran Laird

Joran Laird Portfolio Specialist

May 2020 / VIDEO

Introduction to Dynamic Global Bond (DGB)

A tour around New Zealand with Joran Laird

By Joran Laird

Joran Laird Portfolio Specialist

May 2020 / INVESTMENT INSIGHTS

How the Dynamic Global Bond Strategy is Design...

How the Dynamic Global Bond Strategy is Designed to Help in Volatile Markets

How the Dynamic Global Bond Strategy is Designed...

Portfolio manager Arif Husain takes a look back at recent performance and discusses...

By Arif Husain

Arif Husain Head of International Fixed Income

May 2020 / INVESTMENT INSIGHTS

Investing in Equities Amid a Crisis

Our multi-asset team analyzes how early is too early.

By Tim Murray

Tim Murray Capital Markets Analyst

May 2020 / VIDEO

Three Reasons for Optimism Despite Market...

Three Reasons for Optimism Despite Market Uncertainty

Three Reasons for Optimism Despite Market...

Despite alarming economic data, we believe that there are three reasons to be optimistic....

By Sebastien Page

Sebastien Page Head of Global Multi-Asset

May 2020 / INVESTMENT INSIGHTS

The Five Stages of a Market Crisis

From denial to acceptance

By Yoram Lustig

Yoram Lustig Head of Multi-Asset Solutions, EMEA

May 2020 / INVESTMENT INSIGHTS

No Normal Cycle, No Normal Recession

The short- and longer-term implications of the coronavirus on global equities

By Laurence Taylor

Laurence Taylor Portfolio Specialist

May 2020 / VIDEO

Three Stages of a Crisis

Yoram Lustig takes us through the three main stages of a crisis

By Yoram Lustig

Yoram Lustig Head of Multi-Asset Solutions, EMEA

May 2020 / INVESTMENT INSIGHTS

EM Corporate Debt’s Time Has Come

Its role in investor portfolios is set to expand

By Yoram Lustig

Yoram Lustig Head of Multi-Asset Solutions, EMEA

May 2020 / VIDEO

T. Rowe Price Global Equity Fund

T. Rowe Price’s Global Equity Fund has recently received Morningstar Research’s...

April 2020 / INVESTMENT INSIGHTS

Coronavirus: The Signals to Watch

How the virus is changing health care investing

By Ziad Bakri

Ziad Bakri Portfolio Manager

April 2020 / INVESTMENT INSIGHTS

The Federal Reserve: Central Banker to the...

The Federal Reserve: Central Banker to the World

The Federal Reserve: Central Banker to the...

Why the Fed’s policy responses have implications for global financial markets

By Arif Husain

Arif Husain Head of International Fixed Income

April 2020 / INVESTMENT INSIGHTS

What An Unbelievable Month

By Randal Jenneke

Randal Jenneke Head of Australian Equities

April 2020 / INVESTMENT INSIGHTS

Coronavirus Pandemic Could Shift Health,...

Coronavirus Pandemic Could Shift Health, Economic Agenda

Coronavirus Pandemic Could Shift Health,...

Democratic reforms likely delayed until crisis recedes

By Katie Deal

Katie Deal Associate Analyst

April 2020 / INVESTMENT INSIGHTS

High Yield Investing During Volatile Times

Spread levels can signal attractive return potential

By Michael Della Vedova

Michael Della Vedova Portfolio Manager

April 2020 / INVESTMENT INSIGHTS

Five Rules for Investing During the Coronaviru...

Five Rules for Investing During the Coronavirus Outbreak

Five Rules for Investing During the Coronavirus...

Pitfalls to avoid and opportunities to seek

By Justin Thomson

Justin Thomson Chief Investment Officer, International Equities

March 2020 / INVESTMENT INSIGHTS

How a Recession Will Impact Bond Markets

Treasury yields may hit a bottom and credit spreads could peak very soon.

By Ken Orchard

Ken Orchard Portfolio Manager

Q1 2020 Show

March 2020 / INVESTMENT INSIGHTS

Recession 2020—Deep but Short

Tracking the COVID-19 shock

By Alan Levenson

Alan Levenson Chief Economist

March 2020 / INVESTMENT INSIGHTS

Please Be Seated, As We Are Crossing a Zone...

Please Be Seated, As We Are Crossing a Zone of Turbulence

Most investors’ true investment horizons are far longer than the next few months.

By Thomas Poullaouec

Thomas Poullaouec Head of Multi-Asset Solutions, APAC

March 2020 / VIDEO

T. Rowe Price Global Equity Fund - perspective...

T. Rowe Price Global Equity Fund - perspectives from Zenith

By T. Rowe Price

T. Rowe Price

March 2020 / INVESTMENT INSIGHTS

Liquidity Challenges in Fixed Income

By T. Rowe Price

T. Rowe Price

March 2020 / INVESTMENT INSIGHTS

It’s Time to Start Thinking About the Postcris...

It’s Time to Start Thinking About the Postcrisis World

Fundamental research can help identify risks and opportunities.

By Robert W. Sharps

Robert W. Sharps Head of Investments, Group Chief Investment Officer

March 2020 / VIDEO

Responding to Liquidity Challenges in Fixed...

Responding to Liquidity Challenges in Fixed Income

By Andrew McCormick

Andrew McCormick Head of Fixed Income

March 2020 / INVESTMENT INSIGHTS

The Rise of Green Bonds

Why investors should take a closer look at the green bond market.

By Quentin Fitzsimmons

Quentin Fitzsimmons Portfolio Manager

March 2020 / INVESTMENT INSIGHTS

Global Equities: Embracing Uncertainty

Using our knowledge, experience, and resources to find the best outcome for clients.

By Scott Berg

Scott Berg Portfolio Manager

March 2020 / INVESTMENT VIEWPOINT

Crisis Playbook—The Fear of Loss and Regret

Approaching the challenges and potential opportunities of market volatility.

By David J. Eiswert

David J. Eiswert Portfolio Manager

March 2020 / INVESTMENT VIEWPOINT

Coronavirus Concerns Shift to New Outbreak...

Coronavirus Concerns Shift to New Outbreak Areas

Spread of virus and policy responses will govern long‑term impact.

By Chris Kushlis

Chris Kushlis Credit Analyst

February 2020 / INVESTMENT INSIGHTS

SARS Is Not a Model for Coronavirus

Drawing parallels between the two outbreaks is tempting but risky

By Chris Kushlis & Tomasz Wieladek

February 2020 / INVESTMENT INSIGHTS

COVID‑19 and Fixed Income Markets

How the coronavirus outbreak could impact bond investors.

By Ken Orchard

Ken Orchard Portfolio Manager

February 2020 / INVESTMENT INSIGHTS

Improving Corporate Disclosure on Environmenta...

Improving Corporate Disclosure on Environmental Issues

Real, long-term influence demands a multilayered approach.

By Maria Elena Drew & Donna Anderson

20 February 2020 / INVESTMENT VIEWPOINT

Quarterly Australian Equity Market Outlook

By Randal Jenneke

Randal Jenneke Head of Australian Equities

February 2020 / INVESTMENT VIEWPOINT

Global Equities: Secrets of Success in 2020

By Scott Berg

Scott Berg Portfolio Manager

February 2020 / INVESTMENT INSIGHTS

Coronavirus: Markets Likely to Remain On...

Coronavirus: Markets Likely to Remain On Edge in the Near Term

Duration and spread of virus will govern longer‑term impact.

By Chris Kushlis

Chris Kushlis Credit Analyst

January 2020 / INVESTMENT VIEWPOINT

High Yield Bond Opportunities Are Going Global

By Michael Della Vedova

Michael Della Vedova Portfolio Manager

January 2020 / Investment Insights

Why I Am Still Confident in Emerging Markets

By Scott Berg

Scott Berg Portfolio Manager

January 2020 / video

Global Growth Equity Strategy Introduction

By Scott Berg

Scott Berg Portfolio Manager

January 2020 / video

Global Equities: Markets and Opportunities

By Scott Berg

Scott Berg Portfolio Manager

January 2020 / Investment Insights

Will the Reflation Theme Continue in 2020?

By Arif Husain

Arif Husain Head of International Fixed Income