How long will the bull market last? Four areas to watch…

The global economy’s ongoing expansion continues to underpin the current equity bull market, which is already one of the longest-running in history. We do not expect this dynamic to change in the short term, but there are shifts occurring within the economic backdrop which warrant monitoring for signs that the investment environment may be beginning … Continue reading “How long will the bull market last? Four areas to watch…”

Walking on sunshine

Some key factors that have influenced investment markets in recent weeks are discussed below. A positive month for stockmarket investors. Having seen signs of investor nervousness in June, last month saw investors regain their appetite for risk, and it proved to be a sunny climate (matching the weather) for most global stockmarkets. The overall result … Continue reading “Walking on sunshine”

Brexit risk fails to deter BoE from rate hike

The Bank of England (BoE) has raised its main policy interest rate from 0.50% to 0.75% – its highest level since March 2009 and the first hike above the post-financial crisis level. The Bank backed away from raising rates in February owing to a significant slowdown in growth. However, data on retail sales and production … Continue reading “Brexit risk fails to deter BoE from rate hike”

It’s Oh So Quiet…

Here are the key factors that Whitechurch Securities believe have influenced investment markets in recent weeks. Markets rose early in June only to fall back towards the end of the month as Central bankers took the limelight from politicians and investors moved into more of a risk-off mode. The Federal Reserve spooked investors with fears … Continue reading “It’s Oh So Quiet…”

Brexit vote two years on: are we heading for a hard Brexit?

Two years have passed since the UK’s historic referendum on leaving the European Union, yet the big questions over the future relationship with the UK’s biggest trading partner remain unanswered. Will the UK remain in the EU’s customs union? Will it be a member of the single market? Will the UK face tariffs on its … Continue reading “Brexit vote two years on: are we heading for a hard Brexit?”

Bordering on a Customs Union

Since the start of this year, the UK political consensus has moved towards a customs union for goods, including agricultural trade, in the final UK-European Union (EU) free trade agreement. This is largely the result of the EU’s rejection of the UK’s alternative proposals to solve the Irish border issue and the Labour party making … Continue reading “Bordering on a Customs Union”

Markets shrug at May’s Florence speech

Theresa May’s speech confirmed that the UK is seeking a transition period but gave few further details on the final shape of Brexit. Investors had hoped that Prime Minister Theresa May’s Florence speech would be the factor that pushed Brexit negotiations forward. However, the speech was a slightly softer version of her Lancaster House speech … Continue reading “Markets shrug at May’s Florence speech”

Brexit, North Korea and Hurricane Harvey

August is the holiday month and with many key decision makers, in particular, the politicians, away from their desks, it’s normal for things to be a little quieter. Theresa May, for example, took a three-week break for some walking in the Swiss Alps, presumably with the ‘Sound of Music’ on her iPod and ‘Climb Every … Continue reading “Brexit, North Korea and Hurricane Harvey”

How to invest in times of political change

The last few years have thrown up a series of political surprises. Rank outsiders overturning the odds have become so normal that equity markets have learnt to brace for impact and as a result, those impacts have become more muted. Political leaders and commentators appear to have accepted that old rules may not hold even … Continue reading “How to invest in times of political change”

Could politics structurally alter the economic backdrop?

With 5 July having marked ten years since the Bank of England (BoE) last raised UK interest rates, we assess the state of the economy and its prospects in light of recent political developments. Although the UK economy has shown resilience since last year’s Brexit referendum, its growth rate decelerated in the first quarter of … Continue reading “Could politics structurally alter the economic backdrop?”

Brexit: One year on

On the first anniversary of the historic vote to leave the European Union, a panel of Schroders’ experts look at the impact the referendum has had on the UK from an economic, fixed income and equity perspective.  When the result of the UK’s EU referendum confirmed that the UK had voted to leave, markets were … Continue reading “Brexit: One year on”

UK election: what a hung parliament means for markets

Following the surprise UK general election result, Schroders’ Alix Stewart,  David Docherty & Azad Zangana, consider the implications for the economy and markets.   The UK general election has resulted in a hung parliament, with no party commanding an overall majority. The Conservatives have emerged as the largest party and will likely seek to form … Continue reading “UK election: what a hung parliament means for markets”

The Times They Are A Changin’…

It was a strange month for global stockmarkets, as March proved not too dissimilar to February in its outcome. With the exception of the US and Japan, which generally moved sideways, most equity markets moved higher. However, this was also echoed by government bond markets, with yields narrowing as investor ebullience over the Trump-driven reflation … Continue reading “The Times They Are A Changin’…”

Theresa May announces UK general election

This morning, UK Prime Minister Theresa May announced the government’s intention to hold a snap general election on 8 June 2017. Parliament will vote to set a date for the election tomorrow, needing a supermajority of two-thirds in favour to pass, although this is expected with the opposition leader Jeremy Corbyn having already welcomed the … Continue reading “Theresa May announces UK general election”