Economic Commentary – June 2020

June 15th, 2020, by Chris Davis

Bouncin’ Back Whilst much of the western world has seen a reduction in Covid-19 infections over recent weeks there are still countries grappling with the virus and its economic consequences. We don’t know when or if we may get a… Read More…

Market Monitor – May 2020

June 3rd, 2020, by Chris Davis

Most equity markets continued their recovery during May, albeit at a slower pace than April. The unprecedented amount of stimulus provided by central banks and governments have offset the worry of declining profits, weak economic data and increasingly hostile war… Read More…

Economic Commentary – May 2020

May 26th, 2020, by Chris Davis

Always asking questions? As humanitarian cost of the Coronavirus continued to mount through April, the global lock down response from most countries has provided an economic shock not seen in modern times. We have all been impacted in this extremely… Read More…

Market Observations – Apr 2020

April 24th, 2020, by Chris Davis

It has been an exciting week in the Oil market. West Texas Intermediate (WTI) May futures went negative (-$40 per barrel) on Tuesday morning in a confluence of oversupply, falling demand and lack of storage capacity. The real issue for… Read More…

Economic Commentary – Apr 2020

April 9th, 2020, by Chris Davis

From a distance As we all adjust to new ways of living and working, the spread of the Covid-19 has impacted people’s health, businesses and markets around the globe. The scale and reach of the virus is unprecedented and it… Read More…

Market Monitor – Mar 2020

April 6th, 2020, by Chris Davis

March has been the one of the most volatile months in markets ever. The speed and magnitude of the daily swings in equity, fixed income and commodity markets over the period has been extraordinary. The VIX, a measure of volatility… Read More…

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…