Market Observations – Mar 2020

March 27th, 2020, by Chris Davis

Over the last few days we have spoken to a number of fund managers to get their views on the events of the last few weeks. Some of the key observations are summarised in the article below.

Economic Commentary – Mar 2020

March 25th, 2020, by Chris Davis

Don’t stop thinking about tomorrow Global equity markets fell sharply at the end of February as the impact of the rapid spread of the Coronavirus (Covid-19) became apparent. As at 19 March there are over 200,000 confirmed cases, of which… Read More…

Economic Commentary – Feb 2020

February 12th, 2020, by Chris Davis

Always had a vision, always had high, high hopes Financial markets entered 2020 with optimism. Geopolitical tensions had eased and there were tentative signs of a manufacturing pickup in activity that had plagued the sector and hampered the global economy… Read More…

Economic Commentary – Jan 2020

January 14th, 2020, by Chris Davis

When will those dark clouds all disappear After a tumultuous year of geo-political, political and economic change global growth has slowed to its lowest annual rate since the financial crisis. Growth slowing to 3% and a benign inflationary environment provided… Read More…

Economic Commentary – Dec 2019

December 9th, 2019, by Chris Davis

Winner Takes It All In our last Economic Background of the decade global growth has weakened to 3%, its slowest pace since the global financial crisis and a material slowdown from 3.8% in 2017. Rising trade and geopolitical conflicts are… Read More…

Economic Commentary – Nov 2019

November 15th, 2019, by Chris Davis

The 2019 story so far has been one of political and geopolitical uncertainty leading to a dampening of investment, trade and confidence. Investor sentiment has oscillated between optimism and pessimism dependent upon the tweet, communiqué or vote in proceedings. Faced… Read More…

Economic Commentary – Oct 2019

October 10th, 2019, by Chris Davis

Ever Changing World As we head into the final quarter of the year we find the global economy slowing, inflation conspicuous by its absence and central banks delivering accommodative monetary policies. Increased volatility in markets reflects the ongoing trade tensions… Read More…

Distribution of equity returns – update

September 20th, 2019, by Martyn Torevell

Most of our clients have exposure to UK and global equities as we believe that they are one of very few assets with the potential to provide capital growth and a rising income over time. This article is an update… Read More…

Economic Commentary – Sept 2019

September 9th, 2019, by Chris Davis

There may be trouble ahead Traditionally the summer months have little economic and political news flow, not so in 2019. As Hurricane Dorian heads towards mainland US, markets are increasingly becoming more volatile as economic data weakens, geopolitical risks intensify… Read More…

Economic Commentary – Aug 2019

August 6th, 2019, by Chris Davis

Hot in the City Reflecting the uncertainty in the global economy and markets, the UK’s weather provided great volatility this month, with Cambridge recording the highest ever temperature in the UK at 38.7C and Cheshire receiving more than twice the… Read More…

Market Monitor – July 2019

August 1st, 2019, by Chris Davis

The increased expectation of a synchronised global loosening of monetary policy helped drive market sentiment in July. However slowing global growth, weakening trade and manufacturing data, benign inflation and protectionist government policies continue to overhang markets. After increasing the federal… Read More…

Economic Commentary – July 2019

July 9th, 2019, by Chris Davis

Starting All Over Again In Osaka, Japan the G20 (an international forum of government leaders, central banks and international organisations, accounting for at least 75% of world trade) met at the end of June to discuss amongst other things the… Read More…

Market Monitor – June 2019

July 4th, 2019, by Chris Davis

June saw equity and bond markets rise. Markets continued to focus on global trade and tariffs in June and were buoyed by the accommodative language of the global Central Banks and by a resumption of talks between US and China.… Read More…

Economic Commentary – June 2019

June 18th, 2019, by Chris Davis

(Trade) War, what is it good for? After fearing a global recession in the final quarter of 2018, following a raft of weakening economic data, optimism returned to markets in the first 4 months of 2019, as Central Banks eased… Read More…

Market Monitor – May 2019

June 5th, 2019, by Chris Davis

Trade fears and global tariffs were the focus of global markets attention in May with the realisation that a US-China trade resolution was not imminent and could escalate further. Accompanying global concern of trade, UK markets continue to contend with… Read More…