Macro Backdrop Whilst at the year’s open recession fears were one of the key risks highlighted for 2023 thus far, we have escaped a material downturn. This is despite the fact that we have seen significantly higher interest rates, US and European bank collapses and takeovers and an escalation of hostilities in the Middle East. […]
Category Archives: Wealth Management
25
Jul
Jul
What’s the outlook for inflation and interest rates? As we come into the third quarter of 2023, we are seeing inflation slowing in some regions, such as the United States and in Europe, though it’s proving more stubborn in the UK, where core inflation is increasing. This is partly due to wages, which have been […]
30
Mar
Mar
What is happening in bond markets? As you will no doubt be aware Credit Suisse has now been taken over by its biggest rival UBS, in a deal struck by the Swiss regulator last weekend. The bank has long been afflicted by a host of problems, caused by poor lending, scandals, and high levels of […]
30
Jan
Jan
What are the prospects for economic growth and inflation in 2023? 2022 will be remembered as a year when inflation erupted again after years lying dormant. After rising relentlessly throughout the year, headline rates of inflation in the UK and Europe finally dipped in November. Although they remain high, we expect inflation to continue to […]
12
Jan
Jan
Summary After rising relentlessly throughout the year, headline rates of inflation in the UK and Europe finally dipped in November, although they remain cripplingly high. We expect inflation to continue to subside in the months ahead but more important is where it settles in the medium term. What began as inflation in prices of energy […]
10
Oct
Oct
Summary There are encouraging signs that inflation in the US may have peaked but we are less confident that the same applies in the UK following the recent weakness of the pound. As before, though, both the timing and heights of the peaks are less important than the levels at which inflation settles in the […]
29
Jul
Jul
What were the main macro themes and drivers for the quarter? Inflation has certainly been the main thing on investors’ minds over the last three months, as it continued to take hold in a broadening range of goods and services. Although certain to rise even more in the months ahead, we are confident that inflation […]
29
Jun
Jun
It is with great sadness, tinged with excitement that I would like to advise you that I am retiring as an adviser at the end of this month. I have enjoyed my time working locally with so many lovely clients, and it is hard to believe it is approximately 35 years ago that I joined […]
20
Jun
Jun
Summary The first five months of 2022 have been the third-worst performing period for FE International Equity Proxy* (International Equity) since 1975. Don’t panic, markets invariably correct faster than expected and can bounce back faster than predicted. This is why investing should be for the medium to long term. Over the last 46 years of […]
29
Apr
Apr
How is Russia’s invasion of Ukraine impacting markets? First and foremost, our thoughts and prayers are with the people of Ukraine who have endured terrible suffering and loss. We wish for a peaceful and diplomatic resolution. In the context of financial markets, the events that have unfolded in Ukraine are exacerbating the pre-existing trends of […]
