Snap – political risks return – or do they? It appeared very opportunistic of Theresa May to call a snap election on June 8, after the latest polls showed the Tory party with the biggest lead ahead of Labour for probably 3 decades. Predictably, most of the media have focused on the short-term potential for… Read more »
Rollercoaster of expectation changes We are hopeful that the substantial improvement in business sentiment over the past 12 months will counterbalance the slight flagging of consumer demand, resulting in still healthy earnings growth. This may be sufficient to underpin current stock market valuation levels in the US and provide further upside dynamic for the lower… Read more »
March and Q1 asset class returns With markets in calmer waters, a number of previous concerns receding and the global economy still making steady progress, it is possible that some of the potential market volatility that we foresaw will not come to the fore. However, there are undeniably also still obstacles and threats that have not… Read more »
Remarkable market resilience; Article 50 triggered – Quo Vadis UK?; European banks – unloved perhaps, but welcome harbingers of economic growth; Bankruptcy of Westinghouse and why companies should be allowed to fail; It’s not Size that matters Remarkable market resilience While I would really like to interpret the recent resilience of market and business… Read more »
Returning themes; Trump’s dislike of German Cars; Long wave economic analysis: A new ‘K-spring’ (up cycle) dawning?; Chinese central bank playing Whack-A-Mole with their economy? Returning themes US industry contrary to the stock market appears to not yet believe in Trump’s ‘America First’ agenda. Soft forward indicators like purchasing manager surveys may all be… Read more »
