Stephen Jones, CIO of Kames Capital, has said the actions of central bankers and US President Donald Trump over the coming months will have the biggest impact on how long global economic expansion lasts.
He said Kames Capital's investment committee remains confident this period of global economic expansion, as a result of positive GDP revisions, strong job creation and industrial production, is set to continue. But the CIO added it is important to watch central bankers' decisions more closely than their words to determine the impact they would have on markets, while pointing to "meeting minutes" as a strong indicator. "Uncertainty regarding policy could lead risk premiums to rise from current lows," Jones said. "Central bank behaviour needs close scrutiny in this environment, with ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
