A sharp slowdown in US earnings growth looks likely next year. Perhaps the more important question to answer is where will S&P 500 earnings growth settle after the effect of tax reform, fiscal stimulus and oil price movements drops out?
I have an admission to make – this past summer, I quit a popular investment habit.
The now annual sale known as Black Friday has changed the face of consumer spending. While 2018 looks set to be another record-breaking year, we believe this promotional environment acts like the Sword of Damocles over the future of many UK retailers.
Investors entering retirement may be tempted to look to higher-yielding assets to boost their income. But could this result in greater concentration risk? And might dividends be more stable than equity volatility implies?
As investors reassess the global economic outlook, how should a stock picker react to the October equity market sell-off?
The pharmaceutical sector has made an impressive recovery from its early 2018 malaise. What's behind this?
Equities tend to rally into year end, and particularly in years with US midterm elections. While this could easily be a statistical fluke, the Asset Allocation team sees fundamental reasons to buy stocks at this point and is now moving positive on the asset class on a tactical basis.