Inflation! Time to panic, or much ado about nothing?
Imagine inflation in any year (Year X) is 3%. If the return on your investment assets in Year…
Higher US inflation / China going strong / Europe turning a corner
US consumer price inflation (CPI) for April accelerated at its fastest pace since 2008, jumping to +4.2% year-on-year…
Look through short-term volatility and remain focused on profitable growth
In the past weeks we have seen broad weakness in growth and in particular technology stocks. This is…
US economy powers ahead / China trade risk never went away
US GDP growth for the first quarter of 2021 was released last week, showing that the world’s largest…
US & China economies break through pre-pandemic levels, Europe plays catch up
Last week saw data on US housing starts show a +37% surge year-on-year (YoY) in March, a rise…
As life returns to normal, might financial markets also return to pre-pandemic normalcy?
In recent weeks we have seen two important indications that market sentiment is returning to something which resembles…
Could Goldilocks be set to make a return?
The International Monetary Fund (IMF) is not known for its boundless optimism, so when it released a significantly…
China and the US roar back to life, but Europe still lags
In China, total industrial sector profits surged by +179% year-on-year (YoY) in the first two months of 2021.…
All the talk of K, W and U shapes was premature… the recovery is V-shaped
The US equity market reached its pandemic lows almost exactly one year ago on March 23rd, 2020. Following…
Things are looking brighter for the US economy in 2021
The Fed dramatically raised its economic forecasts last week at its monthly rate decision press conference. With President…