CIO Market Pulse – Active investing in an environment of rapid policy shifts
Uncertainty around US trade tariffs has driven volatility higher. Against a fast-moving backdrop we argue the case for a considered approach to portfolio management.
Market Perspectives: Is the US-China trade war over already?
We have seen a positive outcome from trade talks between the US and China over the weekend, and while there was an expectation that we would see some progress, the reduction in tariffs has surprised to the upside.
Market Perspectives: What do the first 100 days of Trump mean for the next 1,361?
The 30th April marked 100 days since President Trump took office, which is often a time to reflect on the achievements or otherwise of an incoming president.
Will empty shelves in the US force further pragmatism around trade?
With signs of pragmatism emerging from the White House we have seen calmer conditions in financial markets.
Is the US heading for a self-inflicted recession?
The tariff uncertainty continues, and equity, bond and currency markets remain volatile.
Is the worst of the trade war already behind us?
The focus is on tariffs and their impact on financial markets, including wild swings in equities and a dramatic sell-off in US Treasuries and the US dollar.
How much uncertainty can markets stomach?
The tariffs are expected to significantly impact the global economy, potentially raising US inflation and reducing growth. Markets around the world have sold off sharply.
Tariff turmoil, German rearmament: where will it all end?
Despite geopolitical uncertainty, we expect the global economy to remain resilient. Europe’s economy could beat expectations, and we are broadly positive on equities.
Passing the baton
Ahead of Steven Bell’s looming retirement we are pleased to introduce Anthony Willis, Senior Economist, as the new host of our weekly Market Perspectives video.
Are the UK public finances doomed?
Later this week the UK Chancellor, Rachel Reeves, will present her Spring Statement, which includes a fiscal outlook and public spending plan.
