by martin robertson | Nov 14, 2018 | Investment Commentary
While rising interest rates, the ending of “cheap money” and a maturing economic cycle have been evident for some time, these factors – combined with growing uncertainty on US/China trade tariffs, the Brexit stalemate, slowing growth in China, Italy’s budget deficit...
by martin robertson | Oct 9, 2018 | Investment Commentary
Strong global growth, particularly in the US, subdued inflation and accommodative monetary policy remain a supportive backdrop for risk assets. However, over the summer growth momentum has eased – which is characteristic of a maturing economic cycle – and...
by martin robertson | Aug 10, 2018 | Investment Commentary
July was a good month for international equity markets as strong global economic and corporate profit growth outweighed the escalating trade tensions. In local currency terms, the US market was the best performing, with the S&P 500 gaining 98 points to 2,816,...
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...
