Looking back at the markets through April 2021

A selection of articles looking back through the markets last month. Global Market Review Optimism drives share prices in April Global equity markets generally rose during April, buoyed by encouraging economic data from the US. The International Monetary Fund (IMF) upgraded its forecasts for global growth from 5.5% to 6% in 2021 and from 4.2% … Continue reading “Looking back at the markets through April 2021”

Looking back at the markets through March 2021

A selection of articles looking back through the markets last month.  Global Market Review “Light at the end of the tunnel”? The global economic outlook has improved, according to the Organisation for Economic Cooperation & Development (OECD), which upgraded its growth forecasts, as vaccine rollouts gain momentum and governments – particularly the US – provide … Continue reading “Looking back at the markets through March 2021”

Are higher business taxes on the horizon?

The finance ministers and central bankers of the world’s biggest economies met to refine their action plans for recovery and world financial governance. What are the likely outcomes? Finance ministers and central bankers want to set a minimum corporation tax rate for the world, partly to prevent the largest global companies such as the digital … Continue reading “Are higher business taxes on the horizon?”

The pandemic takes a large toll on Europe

Europe has endured one of the worst experiences of the pandemic worldwide, with high case rates and all too many deaths. By 18 March, the European Union’s official figures showed 24 million cases to date and 577,000 mortalities. All seven of the countries that have recorded more than 1,900 deaths per million from Covid-19 globally … Continue reading “The pandemic takes a large toll on Europe”

Looking back at the markets through January 2021

A selection of articles looking back through the markets last month.  Global Market Review “Unintended consequences” Financial markets are becoming increasingly vulnerable to a sharp correction that would, in turn, jeopardise stability, according to the International Monetary Fund (IMF). The IMF warned that investors’ expectations of continued support from governments and central banks has generated … Continue reading “Looking back at the markets through January 2021”

What the Biden presidency means for emerging market debt

The unpredictable Donald Trump presidency was perhaps suitably signed off by the recent shocking invasion of Capitol Hill by some of his supporters. Neither this, nor policy annunciation via Twitter (frequently in the middle of the night), could scarcely have been imagined before Trump. Perhaps the single most visible change of the new Biden presidency … Continue reading “What the Biden presidency means for emerging market debt”

Patience required on the path to recovery

The growing confidence that 2021 will be much better than the year we have just endured is probably correct. That these positive emotions are stirred over Christmas and new year is right and proper – as feelings of optimism and renewal are central themes in our winter celebrations. There is also real evidence to support … Continue reading “Patience required on the path to recovery”

Looking back at the markets through November 2020

A selection of articles looking back through the markets last month. Global Market Review A November to remember It was a November for investors to remember as a widespread focus on the perceived safe havens of gold and government bonds was replaced by renewed interest in equities. Many major equity markets notched up double-digit gains … Continue reading “Looking back at the markets through November 2020”

Brexit, US Stimulus and Fed meetings the key focus for investors

Brexit and US Stimulus deadlines pass without meaningful change The Collins Dictionary defines a deadline as ‘a time or date before which a particular task must be finished or a particular thing must be done.’ With US Fiscal Stimulus and Brexit talks both hurtling through yet another pair of ‘deadlines’ at the end of last … Continue reading “Brexit, US Stimulus and Fed meetings the key focus for investors”

Biden presidency could trigger global reallocation to Asia

Less confrontational style likely to lower headline risk and may drive global investors to refocus on the fundamental strengths of Asia’s economies and financial markets. Asian financial markets could reap the benefits if US president-elect Joe Biden proves to be more conventional than his predecessor in the White House, potentially triggering a reallocation of global … Continue reading “Biden presidency could trigger global reallocation to Asia”

What President Biden will mean for markets

Although recounts and legal challenges relating to the election need to be resolved, markets are moving on to considering what a Biden Presidency will mean. The media have decided Joe Biden will be the next President of the USA. Three states still need to complete their counts. In Georgia, there is likely to be a … Continue reading “What President Biden will mean for markets”

The US election – just political noise?

The weakness in US equity markets in September appeared to come as a surprise to many investors, despite history pointing to this being seasonally quite typical. After such a strong and persistent rally since the Covid-19 lows of March, profit taking and market consolidation should be seen as a positive rather than a negative. However, … Continue reading “The US election – just political noise?”

What will the US elections do to markets?

The question whether Democrats or Republicans will have a majority in the House of Representatives and Senate matters to markets. According to the polls, the Presidential election is Joe Biden’s to lose. He has been comfortably ahead by around 8% in the national polls for some time. He is also ahead in most of the … Continue reading “What will the US elections do to markets?”

China plans to pull further ahead of the US in 5G

The fractious relationship between the US and China is changing global supply chains. China now plans to leapfrog the US in an essential component of the future economy, increasing divisions further. When Beijing decided that China needed to become an atomic power in the 1960s, its centrally-planned state directed significant resources and resolve into developing … Continue reading “China plans to pull further ahead of the US in 5G”

The US Presidential election remains an uncertainty for markets

The US presidential elections take place on November 3 and Donald Trump is now closing the gap in the polls with Joe Biden. The result remains too close to call. The US election is now Democrat candidate Joe Biden’s to lose. Donald Trump’s grand strategy has been badly damaged by the virus. His plan was … Continue reading “The US Presidential election remains an uncertainty for markets”