The Bank of England kept interest rates on hold in May but said it wants to raise them in the future. Is this possible when many other central banks are backing off from tightening? If so, when?
After the sharp equity rally over the past four months, what could possibly drive another leg up? For me, the missing ingredient has been the lack of any upward re-pricing of growth.
Don’t be fooled by the odd disappointing number; we expect China stimulus to be sustained and effective. The benefits should reverberate globally at a time when we think tariffs and trade wars will give way to cooperation and deals. Find out more in my recent Bloomberg interview…