The existing Brexit deal has once again failed to win the backing of a majority in parliament.
A summary of the factors driving global markets over the last month.
After a strong first quarter, risk assets continued their rally in April.
Today the Bank of England’s (BoE) Monetary Policy Committee met, and decided unanimously to keep interest rates on hold at 0.75%.
This is close to being the longest economic expansion on record. Nobody knows exactly when it will end, so it’s worth considering what investments could rise in value when equities and other risk assets fall during the next downturn.
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding
I went on a search for Democratic Socialism in the real world. I ended up halfway around the globe from where I began. A story in pictures.