Category: Investment Outlook
Delicate equilibrium
26 August 2022All eyes are on the world’s central bankers this week, who are guests of the US Federal Reserve (Fed) at its annual conference in Jackson Hole, Wyoming. Markets are particularly eager to hear what Fed chair Jay Powell has to...
Hot now, colder later
19 August 2022Will a new PM be good news for investors? We rarely talk about UK politics in our deliberations on markets. That’s not because we’re not interested. Rather, it is because domestic politics have less of an effect on the broader...
Fear of missing out
12 August 2022Investors are feeling FOMO: the “fear of missing out” once again. This week was a continuation of the trend from the start of July – which has seen a significant boost to both bond and equity markets. Curiously, the good...
Markets bet on a perfect landing
5 August 2022Bad news filled the airwaves this week. Faltering global growth, higher inflation forecasts and rising interest rates set a dour tone – capped off by a geopolitical crisis in Taiwan. UK investors were struck by the Bank of England’s...
Positive returns amidst negative sentiment
29 July 2022For a second consecutive quarter, the US economy shrank in real terms. Yet the US Federal Reserve (Fed) raised interest rates by another 0.75% on Wednesday because the US economy is too strong. We write, in a separate article...
Europe remains in focus
22 July 2022Global investors tend to be quite US-focused, as the world’s largest economy has an outsized impact on trends across the world. This week though, attention was on the other side of the Atlantic. European economic data caught...
Too hot, too cold
15 July 2022Investors’ rough ride continued over the week. Markets are being buffeted by the ups and downs of economic data and the resultant changing expectations for central banks. We had unexpectedly positive UK economic growth during...
Markets not reflecting public fear
8 July 2022The murder of past Japanese Prime Minister Abe is a reminder of how much we should value our public servants and politicians. We should be grateful to all our politicians that they are prepared to do a job we need so much. Whether...
Energy price shock turns into central bank focal point
1 July 2022More than two years since the COVID virus hit Europe, it is clear that most peoples’ livelihoods have been affected more by the policy ‘medicine’ than the virus itself. Of course, without those interventions which were needed...
Public sentiment vs economic realities
24 June 2022Through much of this second quarter, the financial market narrative has been about inflation. This week the Office for National Statistics (ONS) informed us that inflation as measured by the Consumer Price Index (CPI) rose from...