Category: Investment Outlook
Markets looking ahead
18 January 2019The New Year’s stock market recovery rally we wrote about last week has continued, to the surprise of many who are observing unprecedented political shambles on either side of the Atlantic. The UK appeared to be descending into...
Substantial but fragile New Year recovery
11 January 2019While the UK public were stunned and distracted by the live constitutional drama between parliament and government over Brexit, equity markets continued their New Year's recovery rally. Since the pre-Christmas lows, Global stock...
Year-end turbulences heralding difficult 2019?
4 January 2019Happy New Year and here's to a more joyful 2019 for investors! As our 2018 table of asset class returns below shows, 2018 brought even less joy for investors worldwide than we had expected. The only consolation is that it came...
A Turbulent Start to the Holidays
21 December 2018We wrote about our outlook for 2019 last week. After that slightly lengthy read, we thought a shorter note discussing what has caused market behaviour would be helpful. So, this week all eyes were on the US Federal Reserve's...
Roller-coaster Advent
7 December 2018The news of a 90-day trade truce between presidents Trump and Xi's was widely welcomed as the most that could be expected outcome of their much-anticipated dinner conversation at the fringes of the G20 summit last weekend in Argentina....
Predicaments
30 November 2018As November draws to a close, global stock markets have provided a positive last week to an otherwise bleak month for investors. And as it stands, it is not just October and November but the whole of 2018 that has turned into...
Muted replay of 2015 or end of cycle approaching 2019?
23 November 2018It certainly helped nerves this week that the US was distracted by their Thanksgiving celebrations and politics in the UK calmed down, after the Eurosceptic Tory rebels’ spectacular failure to deliver on last week’s promise...
Brexit drama vs. renewed global slow down fears
16 November 2018It has undeniably been the most unnerving week in UK politics since the week following the Brexit referendum, when the British electorate unexpectedly rejected the EU status quo. Representatives of both sides have finally agreed...
The American people have spoken
9 November 2018It struck me this week how full of historic events the first weeks of November are. Guy Fawkes’ gun powder plot (1605), the end of WWI (1918), The German Revolution of 1918 – abdication of Kaiser Wilhelm II, the Reichskristallnacht...
Good-bye cathartic October
2 November 2018What a difference one month can make. At the end of September, one of the biggest conundrums of 2018 was the divergence of stock market returns between the US (strongly positive) and the rest of the world (flat). October's stock...