The World In A Week – Getting Back to Business
Markets finished last week in an ebullient mode overall which saw MSCI ACWI rising +2.1% in Sterling terms. This was aided in particular by a strong rise in Chinese Equities which jumped +3.9% for…
The World In A Week – Interim Update
Should I stay or should I go (out)? The Clash here is the interminable quandary between stemming the spread of COVID-19 and resuscitating economies. Decisions have to be made without full clarity…
The World In A Week – Are The Cracks Starting To Show?
Possibly. Donald Trump’s opinion poll ratings slid below 40% last week, the first time since 2017 pushing the Democrats into the lead. This weakness makes Trump even more unpredictable than normal…
The World In A Week – Interim Update
The easing of lockdown measures in England was announced as expected, paving the way for a potential boost of the hospitality and tourism sectors, with pubs, restaurants and hotels among the…
The World In A Week – Seasons Of Change
Following on from last week’s opening of some non-essential businesses, it is likely that Boris Johnson will announce a relaxation of the 2-metre social distancing rule tomorrow. This should pave…
The World In A Week – Interim Update
It appears to be more of the same for this mid-week update. The predictable cycle of forward guidance regarding more economic stimuli, in order to combat the fear of unemployment numbers, and the…
The World In A Week – The Doors Are Opening
It has been 84 days since lockdown in the UK was announced in which we have seen a period of great change and an immediate shift to our lifestyles. We have seen just over a quarter of the UK‘s…
The World In A Week – Interim Update
Two important publications have been produced since our update on Monday. Firstly, we had the OECD’s (Organisation for Economic Co-operation and Development) Economic Outlook, which was predictably…
The World In A Week – The Sky’s The Limit
Risk assets enjoyed another strong week at Friday’s close, led by US equities. It is almost incomprehensible to think that the S&P 500 and the US dollar are almost back to the same levels seen at…
The World In A Week – Interim Update
They just keep on coming. The latest in stimulus packages, at a modest €130 billion, comes courtesy of Germany. This is for Germany rather than the Eurozone and was much larger than expected, with…