Tatton Weekly: 2017 drawing to a close; Busy week for Central Bankers; Japan: the turnaround story; M&A: Mickey and Amazon

Mike Gordon

2017 drawing to a close As we look forward to the Christmas holidays and the new year ahead, we also tend to look back at what the year past brought us. In particular, in our profession, we look back at how the year actually unfolded relative to the expectations and forecasts we published a year… Read more »

Tatton Weekly: Progress; US Tax Reform and the anniversary of the ‘Trump trade’; Brexit Softening on the Horizon?; Japan consensus growth forecast revisions; Insight article Bitcoin and Blockchains – what are they?

Mike Gordon

Progress The week began with a homemade Brexit debacle and ended with what many commentators saw as real progress towards a constructive future relationship building between the exiting UK and the EU. Despite the Northern Ireland hiccup, we had sensed that, following last week’s exit bill compromise, there was a breakthrough in the air. I… Read more »

Tatton Weekly: Sudden, but not entirely unexpected; Breakthrough on the Brexit divorce bill; US tech sell-off negative or positive signal?; Trump’s (cold) trade war with China; Insight article: Changing liquidity dynamics’ impact potential on capital markets

Mike Gordon

Sudden, but not entirely unexpected It has been a week full of surprises and sudden turns of events, with the main unchanged parameter continuing to be the consistent and synchronised progress in global economic growth. Breakthrough on the Brexit divorce bill As widely reported, UK and EU negotiators reached a breakthrough this week around a… Read more »

Tatton Weekly: Invincible markets?; Level headed budget – overshadowed by deteriorating outlook; How extended are US equity valuations?; The fall of Comrade Bob: What Mugabe’s resignation means for China

Mike Gordon

Invincible markets? Global equity markets hit new all-time highs over the past week, now standing at a gain of roughly 18% for 2017. This took place while politics performed fairly shambolically wherever one looked and (western) society was shaken up by the threat of terrorism and widespread revelations about high profile harassment cases. If capital… Read more »