US outlook appears slightly pessimistic as fears over trade wars resurface We are now well into the second quarter of this year and the profound risk-on move that looked so well established has been stopped in its tracks by renewed trade tensions. Risk assets have benefited over the year to date from market optimism, resulting […]
JP Morgan’s managing director Clare Hart on solid fund performance, new sector opportunities for trading and why managing a fund during a topsy-turvy market never comes as a challenge “It’s going to be volatile between now and the election. And it’s not a cheap market. You need to be careful where you put your money […]
US, China and a trade deal: could there be a case of disappointment? Joy and rapture abounded in the first quarter as three specific concerns were smote: the US Federal Reserve put the brakes on interest rate hikes, Chinese growth appeared to rebound and US president Donald Trump sent promising tweets about a China trade […]
Investors might be able to take a risk-off approach The equity market bounce at the start of the year took many by surprise. The question is, does the rally have further to run in 2019, or should investors be using the bounce as an opportunity to take risk off the table? The answer lies in […]
It is clear that 10 years on from the global financial crisis, we are a long way from back to normal A year ago, the US economy was on a tear, boosted by the sugar rush of Donald Trump’s tax cuts. China, on the other hand, was already slowing materially in response to the authorities’ […]
Dramatic price elasticity is defining a new era of heightened volatility. As spectacular as the fall in markets was late last year, so was the rebound in January. This whipsawing of markets can be very uncomfortable for investors, but for dynamic multi-asset managers it presents allocation opportunities, particularly as gloomy macroeconomic conditions weigh on sentiment. […]
Last night saw the US president’s State of the Union speech which addressed to a joint session of the Congress. During the 90 minute speech, he said he launched an “unprecedented economic boom” – despite taking office amid said booming economy. AXA IM’s David Page assesses the current state of the US economy. US recession […]
Global growth is slowing but America remains strong Volatility returned with a vengeance in 2018 after an unusually quiet 2017. Wall Street suffered its worst December since the Great Depression, leaving global stockmarkets lower for the year in sterling terms for the first time since 2011. UK property was a relatively bright spot, however, and […]
Few investments saw high returns last year Markets last year were akin to a boxing match, with investors strutting into the ring in January 2018 full of beans and swagger, but ending it on the canvas, down but not knocked out. It was a bruising year, especially for equities globally, and despite a short-lived post-Boxing […]
For more than 25 years, investors have been faced with the ups and downs of the technology sector, and 2018 was no exception. Of course, the “dot-com” boom and subsequent bust in the late 90s and early 2000s, best characterised by the now popular “irrational exuberance” phrase coined by former Federal Reserve chairman Alan Greenspan, […]
Money Marketing readers are split perfectly evenly on whether they think markets will take a downturn this year. In just a day since it opened, more than 170 of you have responded to our poll on the possibility of a recession in 2019. 35 per cent predicted that there would be a recession. The same […]
This year has been a disappointing one for European equities Year-to-date, the FTSE Europe excluding UK index is down 5.2 per cent. This compares with a 6.5 per cent gain by the S&P 500 and a 5.4 per cent fall by the FTSE All-Share (all in sterling terms), according to FE. This performance has not […]