We believe moderate economic acceleration is likely in China inĢ016, which should be beneficial to broader global growth.
As of yet, these steps are not leading to strengthening economic activity.Ĭhina, in the face of economic softening, has turned toward more aggressive stimulus. Overseas, the European Central Bank and Bank of Japan are actively engaged in aggressive easing. will be very slow to develop, with job growth and inflation being the most important determinants of central bank policy. Its clear the Fed has become attuned to very sluggish global growth.įuture rate increases in the U.S.
Since then, the Fed seems to have moderated its tightening plans. Markets reacted negatively when theįederal Reserve raised rates slightly in December 2015 and seemed to imply more increases were likely. will rise, and by how much, remains an area of focus for the financial markets. The improved labor market allows for better demand for cars, homes, furnishings and various consumer goods. consumer, who is benefitting from lower energy prices and lower inflation in general. economic expansion has remained relatively good. The U.K.s June vote on exiting the European Union andĪmid the uncertain backdrop, the U.S. Politics in the U.S., specifically surrounding the presidential election Ĭredit quality issues in important emerging economies, including China In recent months weve been faced with significant uncertainty around numerous issues, The simple answer is financial markets dislike uncertainty. Since our last report to you six months ago, the financial markets experienced further volatility, despite moderate economic growth in the U.S. The Fund is a non-diversified, closed-end management investment company designed primarily as a long-term investment and not as a trading The Funds common shares are listed on the New York Stock Exchange and trade under the ticker symbol IVH (Address of principal executive offices) (Zip code) (Exact name of registrant as specified in charter) Ivy High Income Opportunities Fund Table of ContentsĬERTIFIED SHAREHOLDER REPORT OF REGISTERED
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