Smooth Brexit could be on cards as election looms

A smooth Brexit could remove some of the fog of uncertainty over the UK economic outlook, a prospect made more likely by the agreement to extend the deadline to 31 January 2020. EU President, Donald Tusk, has announced that the EU has agreed in principle an extension to the Brexit deadline to 31 January 2020. … Continue reading “Smooth Brexit could be on cards as election looms”

The comfort of strangers: investors should look to the less familiar

Adaptation is necessary when an environment becomes less favourable. So, as the global outlook assumes a gloomier cast, we believe investors should look beyond the comfort of conventional asset classes and bolster their portfolios with less familiar – and less correlated – assets. Secular stagnation? Recent headlines provide no shortage of alarming developments: a lurch … Continue reading “The comfort of strangers: investors should look to the less familiar”

The six biggest bull runs since 1962 (and their corrections)

The current bull market in US stocks started in March 2009 at the height of the global financial crisis and is the longest in recent history, beating the rally between July 1962 and May 1970 by over four years. At the time of writing, the bull market is still going. US stocks are up more … Continue reading “The six biggest bull runs since 1962 (and their corrections)”

The impact of US foreign policy on markets

Trade restrictions and tariffs are the main response of the Trump administration to foreign disagreements, but there are some positives too. Donald Trump moves markets. He watches them regularly and tries to influence them by what he says and what he does. He sees a rising US share market as proof that he is making … Continue reading “The impact of US foreign policy on markets”

Disruption from climate change is only just beginning for investors

Financial markets remain unprepared for the extent of disruption that climate change will bring, according to a new report. In September, the United Nation’s Principles for Responsible Investment (PRI) – a network of investors whose members include 500 global asset managers – released a report concluding markets have not priced in the coming policy response … Continue reading “Disruption from climate change is only just beginning for investors”

Is recession looming?

Are we about to have a global recession?  That was one of the many issues discussed at the Singapore Summit – a meeting of global policymakers and business leaders – Martin Gilbert, Chairman, Aberdeen Standard Investments,  attended earlier this month. Can monetary policies help prevent a global recession? There was a mix of opinions on … Continue reading “Is recession looming?”

It really is a digital world

Over the last ten years of recovery from the boom and bust of the western banking crash, shares have performed well. World equities have produced a return of 155% over the decade. The years have been characterised in the advanced world by an unusual combination of low interest rates and low inflation. Cheap imports from … Continue reading “It really is a digital world”

Looking back at the markets through September

A selection of articles looking back through the markets last month. Global Market Review What next for Brexit? The long-running Brexit saga took a new twist in September as the clock continued to tick towards its Hallowe’en deadline. After being suspended earlier in the month, the UK Parliament was hastily reconvened towards the end of … Continue reading “Looking back at the markets through September”

China oil deal with Iran could derail trade talks

Don’t get too excited about the current thaw in the trade war. Despite both sides appearing to talk up the prospects of a deal ahead of talks that resumed in Washington yesterday, there has been a major development that could put any final agreement at risk. Since talks were last held, China has signed a … Continue reading “China oil deal with Iran could derail trade talks”

Asia set to become sustainable investment hub

The region presents investors with a growing range of opportunities to generate positive returns and have a positive impact on the planet at the same time. Asia looks set to become a hotbed for sustainable investment, driven by structural economic factors, growing institutional allocations and tightening regulations. Investors in Asia have lagged developed market peers … Continue reading “Asia set to become sustainable investment hub”

Why as an investor I’m looking through Brexit fears

Following the twists and turns in Westminster of the past few weeks I expect many more market participants will simply place UK equities in the “too difficult” basket. Anecdotal stories of overseas investors selling their last UK stocks could start doing the rounds again. Brexit and political uncertainty have been a drag on UK equities, … Continue reading “Why as an investor I’m looking through Brexit fears”

Looking back at the markets through August

A selection of articles looking back through the markets last month. Global Market Review Parliament’s suspension creates controversy The prospect of a no-deal Brexit crept closer during August as Prime Minister Boris Johnson announced that Parliament would be suspended shortly after MPs return from their summer break until the Queen’s Speech on 14 October. The … Continue reading “Looking back at the markets through August”

A cyber-curtain is set to divide the world

A new Cold War looks likely as the US and China increasingly diverge and fall into dispute. What are the implications for investors? The strong exchanges on technology between the US and China point to a world where there are two different systems, with a cyber-curtain descending between them both. Meanwhile, in a series of … Continue reading “A cyber-curtain is set to divide the world”

Has value investing been disrupted?

Disruption is a major theme in stock markets today with companies such as Amazon and Uber challenging the traditional approach to their respective industries. Such companies are an example of so-called “growth” stocks, with investors attracted by their prospects for expansion and future revenue growth. Investors in “value” stocks, in contrast, focus less on a … Continue reading “Has value investing been disrupted?”

The other trade war is another tech nightmare

A political dispute between Japan and South Korea is spilling over into trade. Unless it is resolved, the consequences for smartphone makers could be serious. It’s a difficult time for smartphone makers. Shipments of devices are likely to fall for a third consecutive year in 2019, so the introduction of new 5G phones is the … Continue reading “The other trade war is another tech nightmare”