October 2024 - Monthly House Views
A multi-pace global economy
The global economy is set to slow over the next few quarters, but stark differences will persist between regions. Robust growth in the United States should ease as the jobs market comes off the boil. Meanwhile, industrial challenges and political uncertainty are impacting the fragility of the euro area economy, resulting in economies counting on a boost from falling inflation and synchronised rate cuts. Elsewhere, it remains to be seen whether China's latest stimulus package can reignite domestic demand. What does this mean for investors and how does it impact our asset allocation?
Discover more in our "October 2024 House Views" by clicking on the image below:
07
Oct
2024
This time may well be different
Throughout the summer, global financial markets demonstrated extreme volatility, which was to a large extent caused by...
Throughout the summer, global financial markets demonstrated extreme volatility, which was to a large extent caused by...
Insights
Throughout the summer, global financial markets demonstrated extreme volatility, which was to a large extent caused by the state of the US labour market. Since the beginning of the year, the US unemployment rate has been trending higher, increasing to 4.1%1. Historically, such an increase has coincided with a recession in the US.
The markets were thus...
This time may well be different
10
Sep
2024
September 2024 - Monthly House Views
Central banks to step up the pace
Central banks to step up the pace
03
Sep
2024
July 2024 - Monthly House Views
Central banks into the deep end
Central banks into the deep end
03
Sep
2024
Now hiring? The UK's workforce woes
The Bank of England decided to cut interest rates for the first time in four years. Over these four years, the UK...
The Bank of England decided to cut interest rates for the first time in four years. Over these four years, the UK...
Insights
The Bank of England decided to cut interest rates for the first time in four years. Over these four years, the UK economy faced slow growth and high inflation. And yet, the unemployment rate proved resilient while companies struggled to find workers, pushing wage growth upwards.
In this latest edition of Market Focus, @Yvan Mamalet looks at the main reasons...
Now hiring? The UK's workforce woes