October 12, 2017

The Forward View – Global: October 2017

Global growth rising toward trend pace as advanced economies lift.

Overview:

  • Global economic upturn still under way but there are a few signs that the pace of expansion is no longer accelerating.
  • Inflation remains subdued and financial markets calm, little need for aggressive central bank moves on policy.
  • Market volatility and economic policy uncertainty both fade as probability of severe “tail risk” events marked lower.
  • As ever, there still are uncertainties – North Korea, Spanish politics, US economic policy, Italian elections etc.

For further details, please see the attached document.

Markets Today – The Cool Out

Markets Today – The Cool Out

1 December 2023

After what has been a solid month for equities and bond investors, month end flows have probably play their part in the price action overnight, US equities have lost momentum, UST have led a rise in core global bond yields and the USD is stronger. US and European inflation releases favoured the notion the Fed and ECB are done with their respective tightening cycles.

Markets Today – The Cool Out
Markets Today – Sweet Spot

Markets Today – Sweet Spot

30 November 2023

Bond markets have been supported by some market-friendly data and while Fed speakers were again mixed, it was the more dovish remarks that captured attention.

Markets Today – Sweet Spot