European equities: resilience amid global trade tariff turmoil
Deeper integration within the EU, more focus on competitiveness and reduced internal trade barriers may make for stronger long-run equity performance.
Europe better placed than America… and cheaper
In the US, weakening employment poses risks to both consumer expenditure and growth, while in China both the consumer and the property market are at risk.
European smaller companies
Inflation is falling, interest rates are peaking, and corporate earnings are growing – making small cap valuations attractive.
All eyes on quality defensives
Equity markets have rallied, inflation is falling, interest rates are peaking, and 2024 rate cuts are already priced into markets.
The substitution effect: AI and the labour market
As investors, we need to know how firms will manage the seismic shift that jobs markets will experience due to generative AI over the next few years and decades.
Market Monitor – 8 December 2023
Global stock markets drifted lower this week as investors await signs from central banks of imminent changes to monetary policy.
Market Monitor – 1 December 2023
Global stock markets ended a strong month on a generally positive note as investors continue to hope that central banks will soon be able to start cutting interest rates.
Market Monitor – 24 November 2023
Global stock markets held on to their recent gains during what by recent standards has been a relatively uneventful week.
Market Monitor – 17 November 2023
Global stock markets have extended their November gains after latest data showed welcome falls in inflation on both sides of the Atlantic.
Market Monitor – 10 November 2023
Global stock markets enjoyed a largely positive week, although optimism was tempered on Thursday by concerns that continued strength in the American labour market could force the Federal Reserve to tighten monetary policy further.
