Global

£43.9bn assets under management in 'dog fund'

A return to safe-haven stocks

The world’s economies are at different stages in the business cycle.

Shamil Pankhania joins from BlackRock

The US dollar has performed well, up more than 7% since the end of 2017, and continues to enjoy a number of supports.

Are stockmarkets in a bubble or a recession? Well, arguably it is both.

Market data is pointing towards a general increase in expectations of a recession in the next 12 to 18 months.

Now a well-chronicled global incident, on 9 March 2009 the S&P 500 index suffered the worst decline in value since the Great Depression.

Part of the June equity market rally was driven by growing investor expectation of a July rate cut in the US, which we believe is overdone.

Adopting behavioural finance approach