Market roundup – FTSE 100 remains below summer high Economic outlook– Mortgage lending subdued following Brexit vote Company focus– WPP Economic highlightsover the coming week – UK consumer confidence; manufacturing and construction activity; US employment Full article – Week in Perspective – 28th August 2016 (PDF) Important Notes The information contained in this report represents an impartial assessment of the value…

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Market Roundup The FTSE 100 Index rose 0.4% on Monday, extending its run towards the key 7,000 level as global markets neared or reached record highs. The index was pushed higher by commodity stocks and a rising oil price amid hopes that OPEC will impose a production freeze at its September meeting. Royal Dutch Shell…

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Market roundup – The FTSE 100 was up slightly over the week, moved here and there by the fluctuating price of oil and other commodities. Economic outlook – Services and industrial production growth is uninspiring, but house prices have yet again bucked sluggish trends. Company focus – Marks & Spencer. Economic highlights over the coming…

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Market roundup – The week got off to a jittery start, failing to meaningfully extend the bounce seen at the start of the previous week. Economic outlook – In a surprise move on Friday, the Bank of Japan introduced a negative interest rate that will see commercial banks charged for some deposits. Company focus –…

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Much of our investment thesis has played out well so far this year. Developed market economies are neatly positioned on our investment clock framework, and look to be further boosted by the current deflationary trend. Following the ECB’s announcement last month of QE, long term inflation expectations have picked up in Europe. Whilst the committee…

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Oil and Greece on Centre Stage No changes to asset allocation were made following the Committee’s first meeting of the year. The defining features for the beginning of 2015 are the continued falls in the oil price and political tension gripping the Eurozone, in anticipation of the Greek election. Market dips in October, December and…

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A healthy market is not a comfortable market Market Commentary The equity market is not meant to be a comfortable place to invest. It is meant to be stressful. Equities are risky assets and risk is uncomfortable, that is why we demand higher returns for investing in equities. Risk, therefore, is a healthy part of…

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Growth Prospects Persist A multitude of factors contributed to a return of market volatility in July, while central bank policy remains the overriding influence. Geopolitics, sanctions placed on Russia and instability in the Portuguese banking system tested investor nerves. Ultra-loose monetary policy had dampened market volatility, explaining why markets were unresponsive to the increase in…

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Hopefully everyone has enjoyed a festive fortnight but during that time the global economy has continued whirring away. We take this opportunity to review the last couple of weeks’ data to see whether it still fits with our view of the world: Although there was plenty of news to feast upon, we find nothing really…

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