GLOBAL ECONOMY New Monetary tightening cycle at hand The Federal Reserve finally got off the fence and announced plans for a new monetary tightening cycle to start later this year with a phased reduction in its bond buying programme (tapering of QE) to be completed by mid...
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GLOBAL ECONOMY Taper whimper The much anticipated Fed speech at the Central Bankers’ annual convention in Jackson Hole (held remotely on Friday 27th August) provided little new insight into the Fed’s plans for monetary tightening. On the contrary, Powell confirmed that tapering of the QE would probably...
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GLOBAL ECONOMY The China Investment Conundrum As will be apparent to all readers, China has started to flex its political and economic muscles in a significant way over the past few years based on its perceived and real economic strength. As of December 2020, China’s GDP was calculated...
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GLOBAL ECONOMY Growth RATE slowdown ahead GDP growth numbers for the quarter just ended (Q2, 2021) are likely, once the data is released, to shoot the proverbial lights out across developed markets. Annualised growth for the US is expected to exceed 10%p.a. In the meantime, we can see real time...
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GLOBAL ECONOMY Talking about….talking about tightening monetary policy The super-accommodative monetary policy seen in the leading developed economies over the past 15 months may have seen its low point as talk and some actual moves towards tightening start to take shape. While no major Central Bank has so...
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For more detailed commentary on each major market or asset class. Download the full Monthly Market View here. Don’t sweat the small stuff - focus on China What was the most important economic event in October? Not just in today’s C-19 dominated world, but providing a...
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