Strong economic growth but rising risks in 2018
Sustained above-trend growth raises the risk of meaningfully higher volatility, something which has already caught investors by surprise in 2018. What factors are causing positive momentum and are they set to continue?
All smoke, no fire: What’s behind recent equity market valuations?
Few explanations for the upward march of equity valuations are based on resoundingly positive or long-term economic changes. We take a closer look at how these high valuations could be closely tied to the multi-year surge in liquidity.
When too much growth is a bad thing
When it comes to economic growth, more of the same may be better than the negative impacts that swift and heavy change can create.
Market volatility is dead; long live volatility!
Uncertainty in the second half of 2017 is likely to contribute to a new cycle of market volatility.
The chilling prospect of cooling consumption
Growth of our entire economy is heavily dependent on consumer spending. Going forward, unless wages pick up meaningfully, consumption could fall even lower than current levels.
Equity market returns: What got us here won’t get us there
What will returns from a diversified portfolio of stocks look like going forward?
