Discussing the extent of cuts and the implications for markets?
We expect 2024 to outperform the current pessimistic economic forecasts but struggle to beat the optimism priced into equity markets.
Talk of early 2024 US rate cuts, which spurred a strong rally in bonds and equities globally, has seen a significant reversal.
The growth in the breadth and depth of the social bond market is impressive, but there's still more to come.
Inflation is moving in the right direction and the US is seemingly at or near peak interest rates. What about the UK and Europe?
The Bank of England is suggesting inflation is becoming embedded in the UK so rates may stay high for longer; possibly at their current level for two years. Could it be that the Bank has got it wrong? Steven Bell, Chief Economist EMEA, explains why he thinks this may be the case.
Against the difficult backdrop of high inflation and rising interest rates, the portfolio manager discusses some new entrants and disposals from the portfolio.
US tech related stocks is creating a conundrum for managers with a remit to build diversified portfolios. But could AI be its saviour also?
Managers of The Global Smaller Companies Trust, Peter Ewins and Nish Patel, discuss the prospects for smaller companies against the backdrop of inflationary pressures and higher interest rates. They will also cover how the economic backdrop is informing their portfolio construction. Register now to watch live or later on demand
UK Equities - The song remains the same
Despite the daily diet of alarmist headlines, since the fourth quarter of last year we have witnessed an improving picture in certain sectors of the commercial property market, most notably industrials, logistics and retail warehousing. A pick-up in investment activity has seen prices firm.
A more benign economic backdrop and supply constraints within the physical property sector have supported a positive start to 2023. Where do we go from here?
Rising inflation and interest rates, in combination with geopolitical concerns concentrated around the war in Ukraine and zero-Covid policy in China, weighed on global equities in 2022. As we look ahead, it is clear that the outlook for inflation and interest rates will continue to be key market drivers in 2023. However, inflation appears to have moved past its peak and the focus is now turning to its persistence. This will inform how soon central banks shift from hiking rates towards a more accommodative stance.
Our original research review of the hydrogen economy a few years ago led us to conclude that hydrogen would play a key role in decarbonisation.
After a dismal year for markets, William Davies gives his thoughts on risks and opportunities in the market as we head into 2023. While there is plenty to be cautious about, a repeat of 2022 seems unlikely.
The next 12 months are poised to be a comeback year for fixed income, says Gene Tannuzzo, with a focus on quality and credit selection critical to achieving the desired outcomes.
For many around the world, 2022 has seen a dramatic rise in food prices. This has been caused by the compounding effects of climate change, supply chain interruptions linked to the Covid-19 pandemic, trade disruptions and rising energy prices resulting from the war in Ukraine.
Higher inflation and interest rates are unknowns for the high yield bond market, but with inflation far above US and European 2% targets central banks are having to raise rates.
Reaching net zero is critically important, but it is not easy. Here we set out five challenges we have identified so far as we move from commitment to implementation.
Are we really living in abnormally volatile times? Is the negative sentiment in markets extreme or warranted? Investment Trusts.