North America

North American equity markets have rewarded investors in 2019 and are at or near all-time highs.

US healthcare benefitting from secular tailwinds

More than 4,500 retail investors affected

Top 10% hold 70% of overall US wealth

Still a good case for long-duration assets

The major boost to global equity markets this year has been the 180-degree policy U-turn by the Federal Reserve, from tightening to loosening interest rates, and from quantitative tightening to the renewed provision of liquidity to financial markets....

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

Sam Gold and Doug Abbott to take reins

$17trn of debt is now 'paying' a negative yield

Easing trade tensions and growing corporate earnings behind improved metrics