Spend or save pick one and hope for the best
Some austerity weary Europeans have claimed long term fiscal tightening is stifling recovery, but others claim that there is no guarantee increasing spending will help the cause either.
Macro News
-
-
fund and wealth manager unite eu
Senior players in a raft of City firms have signed up to Business for Britain, a euro-sceptic campaign launched today to show support for the government brokering a ‘new deal’ on the UK’s membership of the EU.
-
will it pay to hold gold
Gold has plummeted to $1406/oz but commentators are torn on the reason behind the fall, with the situation in Cyprus, investor confidence, and its failure as a safe haven all cited as possible causes.
-
Mixed fortunes for BRIC GDP
Weaker consumption and sluggish manufacturing pulled GDP growth in China back during the first quarter of 2013, from 7.9% in Q4 2012 to 7.7%.
-
nowhere to go other than equities
It is no surprise that income-based equity strategies have been the best performers this year, but investors' choices beyond this asset class are limited, according to Threadneedle's Mark Burgess.
-
m and a use it or lose it
Despite a year-on-year fall in M&A activity in Q1 2013, renewed market interest in recent weeks has resulted in an increase in bids and new issues, which could see more UK companies fall into the hands of Americans.
-
Small depositors saved in Cyprus bailout
Cyprus may have so far avoided a ‘disasterous exit from the eurozone’, but commentators warn that its economy will shrink rapidly as offshore banking, its main industry is effectively shut down following a bailout deal worth 10bn.
-
investor confident at long time high
UK investor confidence has reached an eight-year high as low interest rates stoke appetite for stock market exposure, the latest research from Morningstar reveals.
-
Yen powerful diversifier
Holding Japanese yen could still be a powerful portfolio diversification tool, despite its current depreciation, according to Mouhammed Choukeir, CIO of Kleinwort Benson.
-
investors ditch gold etfs
As equity indices gain traction, investors are selling out of gold exchange-traded funds (ETFs) at quite a pace, according to data provided by Coutts.
-
central bank growth policies madness talbut
Robert Talbut argues that risk assets may provide better value today than less risky assets but this is more of an indictment on the lack of value in the latter rather than any tremendous value in the former.
-
Real estate attractive but trumped by equities
Real estate will continue to offer attractive yields, but will be outperformed by equities in the growth stakes, according to ING IM.
