Stephen Dover, CFA, is Franklin Templeton’s Chief Market Strategist and Head of the Franklin Templeton Investment Institute. Originally published in Stephen Dover's LinkedIn Newsletter Global Market Perspectives. Follow Stephen Dover on LinkedIn where he posts his thoughts and comments as well as his Global Market Perspectives newsletter.

As Franklin Templeton’s Chief Market Strategist and Head of the Franklin Templeton Investment Institute, Stephen Dover leverages the knowledge of the firm's autonomous investment teams to provide global capital market and long-term investment insights internally and to clients. The Franklin Templeton Investment Institute harnesses the depth and breadth of the firm's global investment expertise and extensive in-house research capabilities to deliver unique investment insights to clients. Mr. Dover is a member of Franklin Resources’ executive committee, a small group of the company's top leaders responsible for shaping the firm's overall strategy.

Over the course of his 40 years in the investment industry, Mr. Dover has lived in China, Europe, Brazil and the United States. Mr. Dover holds a B.A., with honors, from Lewis and Clark College and an M.B.A. in finance from The Wharton School of the University of Pennsylvania. He is a Chartered Financial Analyst (CFA) charterholder. Mr. Dover is on the Board of Trustees of Lewis and Clark College and Law School.

Articles

U.S.-Iran war ceasefire triggers relief rally

By Stephen Dover (Published on 04-23-2026)

Why the Strait of Hormuz matters

By Stephen Dover (Published on 03-27-2026)

U.S. Supreme Court brings the hammer down on Trump tariffs

By Stephen Dover , Lawrence Hatheway (Published on 02-23-2026)

Renewed tariff threat

By Stephen Dover , Lawrence Hatheway (Published on 02-04-2026)

Realpolitik in Venezuela

By Stephen Dover , Lawrence Hatheway (Published on 01-07-2026)

Outlook 2026: Weakening U.S. dollar

By Stephen Dover , Lawrence Hatheway (Published on 12-17-2025)

Outlook 2026: Steepening yield curve

By Stephen Dover , Lawrence Hatheway (Published on 12-08-2025)

Outlook 2026: Broadening opportunity

By Stephen Dover , Lawrence Hatheway (Published on 11-28-2025)

Road ahead remains murky for U.S. Fed

By Stephen Dover (Published on 08-27-2025)

When opportunity knocks

By Stephen Dover (Published on 07-31-2025)

BBB ‘investment grade’ rating for Big Beautiful Bill

By Stephen Dover (Published on 07-08-2025)

Best eaten cold

By Stephen Dover (Published on 06-18-2025)

The case for European equities

By Stephen Dover (Published on 05-29-2025)

Trump of a hundred days

By Stephen Dover (Published on 04-30-2025)

Trump’s tangled tariff tango

By Stephen Dover (Published on 04-09-2025)

The uncertainty principle

By Stephen Dover (Published on 03-18-2025)

The era of trade wars begins

By Stephen Dover (Published on 02-26-2025)

Decoding the impact of DeepSeek R1’s AI model

By Stephen Dover (Published on 02-05-2025)

Five themes to guide investment strategy in 2025

By Stephen Dover (Published on 12-12-2024)

Franklin Templeton’s 2025 global investment outlook

By Stephen Dover (Published on 12-11-2024)

Historic shift in Washington augurs for big changes ahead

By Stephen Dover (Published on 11-27-2024)

Election effects

By Stephen Dover (Published on 11-08-2024)

Investment implications for a house divided

By Stephen Dover (Published on 10-11-2024)

Song of India

By Stephen Dover (Published on 09-17-2024)

Fed readies more rate cuts

By Stephen Dover (Published on 09-04-2024)

Markets gyrate, but no recession yet

By Stephen Dover (Published on 08-12-2024)

Investment implications of a potential GOP clean sweep in U.S. elections

By Stephen Dover (Published on 07-31-2024)

Watching for policy pivots

By Stephen Dover (Published on 07-04-2024)

Unexpected election results globally

By Stephen Dover , Kim Catechis (Published on 06-13-2024)

Checking in with the brain trust

By Stephen Dover (Published on 04-30-2024)

Election sideshow

By Stephen Dover (Published on 04-10-2024)

The U.S. Fed’s ‘patience and predictability’ mantra

By Stephen Dover (Published on 03-27-2024)

Demographics as a determinant of growth

By Stephen Dover (Published on 03-06-2024)

Fed kicks the can down the road

By Stephen Dover (Published on 02-06-2024)

What surprises lie in store for 2024?

By Stephen Dover (Published on 01-10-2024)

Decoding AI

By Stephen Dover (Published on 12-06-2023)

The Fed’s costly final mile

By Stephen Dover (Published on 11-16-2023)

Scary story: bond yields reanimated

By Stephen Dover (Published on 10-31-2023)

Too hot, too cold, or just right?

By Stephen Dover (Published on 10-12-2023)

Building portfolios in a sea of uncertainty

By Stephen Dover (Published on 09-21-2023)

Powell channels Greenspan at Jackson Hole

By Stephen Dover (Published on 08-29-2023)

Second-half outlook for inflation, rates, recovery

By Stephen Dover (Published on 07-20-2023)

The real debt crisis

By Stephen Dover (Published on 06-09-2023)

When central banks tighten, stuff happens

By Stephen Dover (Published on 05-26-2023)

First quarter done: what’s next?

By Stephen Dover (Published on 04-18-2023)

Warnings from the inverted yield curve

By Stephen Dover (Published on 03-23-2023)

U.S. regional bank failures raise investor anxiety

By Stephen Dover (Published on 03-14-2023)

Steepest yield curve inversion ever?

By Stephen Dover (Published on 03-09-2023)

U.S. financial services policy shift

By Stephen Dover (Published on 01-19-2023)

Review, update, and the 2023 watchlist

By Stephen Dover (Published on 12-23-2022)

Six trends for the decade ahead

By Stephen Dover (Published on 12-07-2022)

U.S. midterm elections elevate gridlock risk

By Stephen Dover (Published on 11-18-2022)

Is this the end of an era for profitability?

By Stephen Dover (Published on 11-03-2022)

Secular stagnation sets in

By Stephen Dover (Published on 10-04-2022)

Duration risk: not just for fixed income

By Stephen Dover (Published on 08-17-2022)

Warning signals flashing!

By Stephen Dover (Published on 06-28-2022)

Navigating uncertainty

By Stephen Dover (Published on 06-13-2022)

Commercial real estate as an inflation hedge

By Stephen Dover (Published on 05-16-2022)

Is ‘globalization’ at and end?

By Stephen Dover (Published on 04-28-2022)

European resilience in the Ukraine crisis

By Stephen Dover (Published on 04-05-2022)