Although Donald Trump described last Saturday’s (1 December 2018) meeting with his Chinese counterpart, Xi Jinping, as a “BIG leap forward” after they agreed a 90 day truce, equity markets were disappointed by the lack of specific details.
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I appreciate that many clients are getting bored with me going on and on about US interest rates, but as the adage goes: equity bull markets don’t die of old age, but are killed off by the US Federal Reserve.
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Following Mike Pence’s (the US Vice President) comments at last weekend’s APEC summit, talk of a new cold trade war between the US and China dominated [...]
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Brexit obviously took centre stage this week and while the media’s portrayal of all the Brexit fandango has been that Theresa May’s draft deal was ‘dead [...]
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The media has been in a frenzy all week. Hot off the ‘excitement’ that there will be a Spice Girls reunion tour, interest in the US [...]
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After an arguably healthy pullback in US markets in October, global markets have started November in a positive fashion; ending this week higher ahead of the [...]
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The aim of the Fed’s current monetary tightening cycle should be to cool down (not contract) the US economy (the world’s largest economy) – i.e. it [...]
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While there wasn't an awful lot of fresh information in the Fed minutes (the US economy is performing well, but the labour market is tightening), policymakers [...]
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As you can see from the accompanying table, it hasn’t been a pretty week, as a sea of red hit equity markets. This was predominately due [...]
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What started out as a reasonably positive, risk-on week thanks to progress on trade agreements, ended up being disappointing by the time the closing bell rang [...]
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