Viewpoints by Frances Donald, at Manulife Investment Management
Frances forecasts global macroeconomic and financial trends, analyzes the economy and capital markets for potential opportunities and risks, and serves as a thought leader both within the firm and externally. As a senior member of the multi-asset solutions team for Manulife Investment Management, she coordinates global macro research, assists in the team’s return forecasting process, and contributes to portfolio positioning views.
Prior to joining Manulife in 2016, Frances worked as a financial economist for Scotiabank in Toronto, and before that as a global macro analyst for Pavilion Global Markets in Montreal. Earlier in her career, she held various positions at Deloitte, Roubini Global Economics, and Bank of Canada. Frances is a frequent public speaker and regularly appears in international media.
Education: B.A., Economics, Queen’s University; M.A., Economics, New York University
Is the Fed as dovish as the market thinks it is?
Concerns about the strength of the global financial system have led to a significant shift in market expectations of when the U.S. Federal Reserve might start lowering interest rates. Has the market been too optimistic?Read more
Three questions for the Fed in the lead-up to its March meeting
Fears that financial stress in the system could morph into a banking crisis have sparked speculation that the Fed might make a dovish pivot at its March meeting. We take a closer look.Read more
A framework for navigating a massive uncertainty shock
The closure of tech-focused lenders in the United States has left investors on tenterhooks even as policymakers work hard to contain potential spillover effects. Find out how recent events could affect the U.S. economy.Read more
Incorporating the Russia-Ukraine conflict into a global macro outlook
While it's still early days in the conflict between Russia and Ukraine, we can't dismiss its impact on our medium-term outlook. We offer a framework for considering the evolving situation.Read more