by martin robertson | Aug 3, 2018 | Blog, Investment Commentary
Brooks Macdonald Update Having raised rates for the first time in a decade back in November, the Bank of England (BoE) today increased the UK Base Rate for a second time this cycle, as widely expected, from 0.50% to 0.75%. Nevertheless, there was a hawkish spin on the...
by martin robertson | Jul 16, 2018 | Investment Commentary
Surveys and hard data show the global economy growing at a healthy pace with minimal inflation risk. Activity accelerated in Q2 and our expectation of 3.4% GDP growth – marginally higher than last year – should be achieved in 2018. Although stronger US growth will...
by martin robertson | Jun 8, 2018 | Investment Commentary
The global economy remains on track for another year of strong GDP growth – currently estimated to be 3.4%. After temporary influences dampened growth in Q1, the pace has picked up in Q2 although marginally weaker business surveys suggest momentum, particularly...
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...
