Looking back at the markets through December 2020

A selection of articles looking back through the markets last month. Global Market Review Shares advance on vaccine optimism After a tumultuous year in which the coronavirus pandemic gripped the world, many major stock markets ended 2020 in positive territory. Investor sentiment was buoyed towards the end of the year by optimism over the prospect … Continue reading “Looking back at the markets through December 2020”

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”

Trade policy under Joe Biden

Donald Trump’s focus on trade will be tempered under President-elect Joe Biden, but he understands the potency of Mr Trump’s rhetoric on these matters. President Trump in 2016 set out to slash the large US balance of trade deficit. He identified his villains – China, Germany and Japan – and set about exposing the villainy. … Continue reading “Trade policy under Joe Biden”

Care needed with big power politics

The pandemic and the stimulus packages have preoccupied markets for most of this year but risks relating to the aims of the great powers are too important to ignore. The growing tensions between China and the US are likely to characterise the Biden era as much as Trump. One of the few things Democrats and … Continue reading “Care needed with big power politics”

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 virus remains difficult to control

Even in the most freedom-loving societies there was widespread buy into controls for the initial lockdowns. Now consent is waning. It’s been another week dominated by pandemic news. Donald Trump’s contentious approach to tackling the disease has been centre stage, with his self-announced triumph over the illness thanks to a couple of drugs that he … Continue reading “The virus remains difficult to control”

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”

Looking back at the markets through August

A selection of articles looking back through the markets last month. Global Market Review   Share price rises defy an uncertain outlook Global share prices generally rose during August as investors took heart from ongoing fiscal and monetary support alongside some encouraging economic data. Nevertheless, the global economic outlook remains “highly uncertain”, according to the World … Continue reading “Looking back at the markets through August”

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”

What could a Biden presidency mean for climate change investing?

Joe Biden in the White House, and potentially Democrats in control of the Senate too, could turbo-charge climate change as an investment theme. The US response to Covid-19 looks set to be the dominant election issue as we head towards the November polls. Myriad other issues also compete for voters’ attention, and climate change often … Continue reading “What could a Biden presidency mean for climate change investing?”

The beneficiaries of globalisation are right to be worried

The dispute between China and the US is likely to continue for many years as their clash of ideologies changes global trading patterns and supply chains. A senior American politician publicly derided one of the most important British companies on a scale we have not seen since attacks on BP following its oil spill in … Continue reading “The beneficiaries of globalisation are right to be worried”

Washington wants to halt US investment in Chinese companies

The controversy over the initial stages of the Covid-19 infection in China has allowed a raft of measures to be put on the table to ensure the superpower advantage remains with the US.  Washington wants to starve Chinese companies of money, with investors required to consider “America first”. In a speech given in the White … Continue reading “Washington wants to halt US investment in Chinese companies”

Looking back at the markets through May

A selection of articles looking back through the markets last month. Global Market Review Pandemic continued to dominate markets The rebound in equity markets extended into May. The impact of the COVID-19 pandemic continued to dominate markets, with an increasing focus on how countries would begin to relax their lockdown measures and how this would … Continue reading “Looking back at the markets through May”

China drives into global trouble

China may discover that more countries in the world now intend to stand up to Beijing’s actions, as the US finds a rare political unity in opposing its actions from technology to Hong Kong. In an ironic twist to the global story, China has relaxed its economy more and is making better progress with its … Continue reading “China drives into global trouble”