Bad time for the industry to be on the beach
It is fair to say that this week is the very peak of the summer as far as the investment industry goes but it could be a bad time to take your eye off the ball.
It is fair to say that this week is the very peak of the summer as far as the investment industry goes but it could be a bad time to take your eye off the ball.
Contagion stemming from Argentinas second default on its national debt to other sovereign issuers is unlikely, according to Fidelity Investments.
The United States Bureau of Economic Analysis has said the US economy grew a surprisingly strong 4% year-on-year during the second quarter.
As has been much trumpeted by the government and its media advisers, UK economic growth is projected to be the strongest among all developed countries this year.
Bank of America Merrill Lynch has warned of a growing worry list of threats to the global economy.
The release of inflation and wage growth figures over the past couple of days and the mixed reaction to them have added to an increasingly complex macro picture in the United Kingdom and made it more difficult for investors to make accurate calls on future numbers and policy decisions.
Warnings from the World Bank on the level of economic growth and speed of reform in the developing world may make investors think twice about rushing to boost emerging markets allocations.
The spotlight is back on the ECB this week, but while Mario Draghi gets ready to put his “toolbox” into action is there any real reason for investors to get excited?
Markets appear to have run ahead of the Bank of England on the evidence of its inflation report news conference
Draghi’s latest comments indicate a near term cut now more likely than not, in the view of Bank of America Merrill Lynch.
JP Morgan Asset Management says macro picture means investors should target European automotive and medical sectors in particular
ONS says growth a fraction under forecasts