We believe that President Trump’s import tariffs are more about galvanising political support than galvanised steel.
The S&P 500 fell more than 4% on Monday, prompting the question: what next? We examine the history of sharp one-day falls.
While the equity markets of various countries and regions have performed very similarly over the past three years, the components of returns have been very different
In the monthly round-up of our asset allocation views, we discuss the three factors which will determine whether the reflationary environment continues.
Global Market Perspective
Themes for 2018, slowing global liquidity, the behaviour of inflation and a review of 2017 all feature in this quarter's economic and asset allocation views.
Economic and Strategy Viewpoint
We review what happened in markets and the global economy in 2017, when political risk failed to stifle asset price exuberance. We also highlight our themes for 2018.