Investment Strategy: Fourth Quarter 2019
Welcome to the third quarter 2019 investment strategy.
(You can email, print or create a PDF using the convenient icons at the bottom right of each article).
Sailing in calm waters…?
Lake Wolfgang in Austria is as pristine a mountain lake as a von Trapp could conjure.
Read more
Currencies
A cross rate we don’t normally talk about, but one which is increasingly crucial to global markets.
Read more
Commodities
This section is normally a bit dull, oil marches up and down a bit blah blah but Gold remains in the doldrums, a bit of an afterthought blah blah. Not this time.
Read more
Commercial Property
Property valuations are in the doldrums as the economy slows and Brexit stretches excruciatingly onwards.
Read more
Fixed Income
Bond yields collapsed in the summer (prices soared) as global growth slowed significantly, Central Banks became increasingly dovish both in rhetoric and action and geopolitical worries multiplied.
Read more
Specific Market Reviews: Emerging Markets and Asia
The Japanese economy had a stronger than expected first half of the year but the escalation in the trade war, an appreciation in the yen.
Read more
Specific Market Reviews: Europe
Growth in the Eurozone slowed to 0.2% in the second quarter of the year with a y/y growth.
Read more
Specific Market Reviews: United States
On July 31st Fed Chairman Jerome Powell cut US interest rates for the first time in a decade, an about turn after seven interest rate rises since 2015.
Read more
Specific Market Reviews: United Kingdom
Data showed the economy shrank by 0.2% between April and June which was the first contraction since 2012.
Read more
General Market Review
Global growth is slowing and the risk of a shallow recession increasing in a number of countries.
Read more
Investment Strategy: Fourth Quarter 2019
Welcome to the third quarter 2019 investment strategy.
(You can email, print or create a PDF using the convenient icons at the bottom right of each article).
Sailing in calm waters…?
Lake Wolfgang in Austria is as pristine a mountain lake as a von Trapp could conjure.
Read more
Currencies
A cross rate we don’t normally talk about, but one which is increasingly crucial to global markets.
Read more
Commodities
This section is normally a bit dull, oil marches up and down a bit blah blah but Gold remains in the doldrums, a bit of an afterthought blah blah. Not this time.
Read more
Commercial Property
Property valuations are in the doldrums as the economy slows and Brexit stretches excruciatingly onwards.
Read more
Fixed Income
Bond yields collapsed in the summer (prices soared) as global growth slowed significantly, Central Banks became increasingly dovish both in rhetoric and action and geopolitical worries multiplied.
Read more
Specific Market Reviews: Emerging Markets and Asia
The Japanese economy had a stronger than expected first half of the year but the escalation in the trade war, an appreciation in the yen.
Read more
Specific Market Reviews: Europe
Growth in the Eurozone slowed to 0.2% in the second quarter of the year with a y/y growth.
Read more
Specific Market Reviews: United States
On July 31st Fed Chairman Jerome Powell cut US interest rates for the first time in a decade, an about turn after seven interest rate rises since 2015.
Read more
Specific Market Reviews: United Kingdom
Data showed the economy shrank by 0.2% between April and June which was the first contraction since 2012.
Read more
General Market Review
Global growth is slowing and the risk of a shallow recession increasing in a number of countries.
Read more