The storm before the calm
We start the new year with the global economy in its most challenging state since 2009. The COVID…
Positive mood music from markets / World GDP outlook raised / progress on US stimulus
The past few weeks have been very positive for equities. Buoyed by vaccine developments and news of a…
US and China economic data continue to be strong
In the US, new economic data released in the past two weeks continues to indicate a solid economic…
The outlook for 2021 is becoming more optimistic
After another exciting week of medical and political developments, equity markets have had one of the strongest Novembers…
Reasons to be cheerful
Last week, biotech giant Moderna announced that its coronavirus vaccine is 94.5% effective. This follows on from Pfizer’s…
Recovery continues around the world (yes, even in Europe)
Recent economic news in the US continues to be favourable. The unemployment rate dropped to 6.9% in October…
Could 2021 see the US economy surprise to the upside?
The past week has been an exciting one in US politics. Uncertainty has receded and markets have reacted…
And the winner of the election is… equity markets!
The world had to wait until Saturday to receive confirmation of the US election result. Joe Biden will…
US election looms large over the news cycle
The 2020 US presidential election will take place in just over a week on November 3rd. Democratic nominee…
Chinese recovery powers ahead, US and Europe slow
The Chinese economic recovery is continuing to power ahead. This is the fifth sequential month in which business…