by martin robertson | Apr 9, 2018 | Investment Commentary
Financial markets had a volatile first quarter, with equities rising sharply in January on expectations of synchronised global growth and another year of exceptional corporate profitability. The technical correction triggered in early February by US wage data was then...
by martin robertson | Mar 8, 2018 | Investment Commentary
Global equities were shaken in early February by higher than expected inflation data and rising market interest rates. After a largely straight run for over a year, exceptionally low levels of volatility suggested markets had become too complacent and consolidation...
by martin robertson | Feb 8, 2018 | Investment Commentary
Robust economic growth, low inflation and an accomodative monetary policy supported a strong momentum rally in risk assets in January. The S&P 500 – spurred on by US tax cuts – rose 150 points to 2,823, while other equity markets recorded more modest...
by martin robertson | Jan 8, 2018 | Investment Commentary
For the first time since the financial crisis in 2008, the global economy enjoyed a period of synchronised growth in 2017. Leading indicators suggest that this momentum should continue in 2018. The improvement in economic conditions has driven company profits higher,...
by martin robertson | Dec 6, 2017 | Investment Commentary
The global economy is firing on all cylinders, and this appears set to continue in 2018. With inflation still well below target, policymakers are keen to promote growth while gradually removing stimulus measures. The sharp increase in corporate profitability has...
by martin robertson | Nov 10, 2017 | Investment Commentary
Robust global growth, low inflation and negative real interest rates should provide a supportive backdrop for financial markets. Global GDP is expected to accelerate again next year to 3.4% – well above the 2.5% achieved in 2016. Although inflation remains...
