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…

Market Monitor – Oct 2019

November 5th, 2019, by Chris Davis

There was nowhere to hide for investors in October as major bond, equity and commodity index prices declined over the month. Following the announcement of another negotiated withdrawal agreement, the likelihood of the UK leaving the EU without an agreement… 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…

Market Monitor – Sept 2019

October 3rd, 2019, by Chris Davis

Domestic and global political risks remain at heightened levels during September. In response to slowing global growth and weakening inflation global central banks eased monetary policy. Whilst all major stock markets generated positive returns over the month this obscures a… 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…

Market Monitor – Aug 2019

September 5th, 2019, by Chris Davis

Markets faced weakening global economic and corporate data combined with an increase in geopolitical risk during August, resulting in an increase in market volatility and investors to favour more defensive assets. As Argentina decide whether to give socialism another go,… 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…

Economic Commentary – May 2019

May 14th, 2019, by Martyn Torevell

Slowdown, what slowdown? Global equity markets and other risk assets continued to rise during April as fears of slowing global trade, protectionist policies and lacklustre inflation have been brushed aside by relatively positive economic and corporate data. All major global… Read More…