Macro puzzle has pieces that do not fit – SocGen
Societe Generale has warned investors that there are pieces of the current macroeconomic puzzle that do not fit.
Oil
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Why is the oil price drop not boosting the economy? – Hermes
The drop in oil prices has not fed through to economies in as strong a way as many expected, but ultimately the price drop will be expansionary at the global level, said Eoin Murray, head of Hermes’ investment office.
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Oil recovery could trigger “inflation problem” – Kames
If the oil price recovers to above $50 there will be an “inflation problem”, according to head of fixed income at Kames David Roberts.
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M&G: Oil prices a big worry across asset classes
But oil price movements are no longer the key indicator of global economic development they once were, argues M&G.
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PA ANALYSIS: Could volatile markets spur structured products renaissance?
Look beyond the marketing, and retail funds arguably carry more complexity now than ever before – so why do some products take more flack than others?
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Beware of underestimating Brexit, overestimating monetary policy – Fidelity
If Britain decides to stay in the EU it could end up being “significantly more positive” for markets than what is believed now, said Paras Anand, head of European equities at Fidelity International.
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PSigma – Fear $10 dollar oil after Fed ‘bullying’
$10 dollar oil is a possibility following 18 months of “outright victimisation” of the commodity and a bullying Fed, according to PSigma’s IM’s investment strategy head, Rory McPherson.
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Shell shares leap despite 80% profit slide
Shares in Royal Dutch Shell climbed 6.4% on Thursday morning as the company revealed full year profits down 80% on the previous year to $3.8bn.
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PA ANALYSIS: An oil price recovery could be in sight
Oil remains one of the dominant themes in asset allocation and investment generally, perhaps only surpassed by central bank policy in prominence.
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Shell warns of profit collapse as FTSE slides
Royal Dutch Shell has issued a warning its fourth quarter profits could be only half what was booked in the same period a year ago as it struggles with the oil price slump.
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A year to remember: Crashes, QE and the return of rising rates
Investors will remember 2015 as a year spent trying to guess what major central banks around the world would do or say next.
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Is it time to shift from oil’s losers to winners?
Twelve months on from the major slide in the price of oil, it seems a good time to take stock of the impact on the global economy and markets.