Global equities fell back further last week as worries over the coronavirus escalated. As of Friday, markets had fallen back some 3.5% from their highs on 20 January, in local … Read More
The coronavirus and markets
Global equities had started to looked vulnerable to a correction following their gain of close to 14% since early October, and the coronavirus has provided the catalyst for just such … Read More
Remaining neutral on equities for now
The rally in equities continued last week with markets relishing the prospect of an upturn in global growth on the back of an easing in trade tensions and supportive central … Read More
Corporate earnings move centre stage
The equity rally resumed last week. The bout of nerves triggered by the escalation of US-Iran tensions proved short-lived as both sides signalled there would be no further tit-for-tat retaliation. … Read More
2020 – significantly lower returns likely than in 2019
2019 was a stellar year for equity markets. Global equities returned 27% and 22% on a total return basis in local currency and sterling terms, respectively. The US once again … Read More
Trade to remain centre stage
The initial market reaction to the thumping majority gained by the Conservatives was pretty much as expected. UK equities rallied across the board, with domestically focused sectors and small/mid cap … Read More
Conservative Victory – how much further upside for UK assets?
The Conservatives have won 364 seats and their largest majority since 1987. Not surprisingly UK markets have reacted favourably now the spectre of a hard-left Labour government has disappeared. At … Read More
Conservatives on track to win a majority
Equities remain hostage to the incessant swings in sentiment over the state of the US-China trade talks. Last week started with Trump saying it might be better to wait until … Read More
A sense of perspective is key
After two weeks of little change, the rally in global equities resumed last week. US-China trade negotiations remain centre stage and the presumption is very much that a limited deal … Read More
The UK – not quite out of the woods yet
With under three weeks to go to the UK general election, it is looking increasingly likely that the Conservatives will be returned with a majority. They remain at least 12% … Read More