True Potential Morning Markets

As we look to the week ahead, Jeff Casson, Chief Investment Officer, discusses China’s senior leadership meeting at a time where economic improvement is required, with shortfalls in retail and most notably property investment. In the Eurozone, we have several data releases this week but no expectations for any policy changes. In the UK, the Bank of England have key considerations on employment, re...

Paul Durrans, Investment Director and Sam Elliott, Investment Analyst cover the US inflation report which came in below expectations. They discuss the market reaction and what this means for US interest rate cuts. Furthermore, they discuss Q2 corporate earnings from the US consumer and banking sector. They finish by discussing the recent data on the UK economy which shows economic activity remains...

UK growth is exceeding analyst expectations, integral to this has been the service sector supported by wage growth which is outpacing the rate of inflation. These aspects present challenges in themselves and George Bell, Portfolio Manager, looks at recent comments from Bank of England Chief Economist Huw Pill, in which he states that monetary policy needs to be restrictive to squeeze the persisten...

Today, Chris Leyland, Director of Investment Strategy, covers comments from Chair of the Federal Reserve, Jerome Powell in which he expressed reassurance on the US economy despite the cooling of data we have seen. What was notable and drove equity markets was the expression of concern in keeping interest rates too high for too long and the detrimental impact that could have on economic growth. Do...

Today, Paul Durrans, Investment Director, looks at US equities which have astonishingly hit all time highs for the 35th time this year. Equities have been supported by corporate earnings expectations, softer inflation data and the ongoing enthusiasm for AI. Looking forward, investors will be paying close attention to the upcoming corporate earnings season for Q2. This week, US companies kick-off r...

As we look to the week ahead, Jeff Casson, Chief Investment Officer, looks at the recent US employment data which highlights a loss of momentum in the economy. Federal Reserve Chair, Jerome Powell, is scheduled with Senate & House Banking Committees with a focus on the improving inflationary and employment backdrop to keep the prospect of the September rate cut on the table. Moving over to Fra...

Chris Leyland, Director of Investment Strategy and Matt Henderson, Portfolio Manager, discuss the PMI survey data from Europe, the UK and US and the broad theme across all regions of manufacturing being weaker than services. We then move over to the US where there are signs of the economy starting to cool and how the data points to a normalisation of labour markets. But how have asset markets in t...

Chris Leyland, Director of Investment Strategy, breaks down the figures from the Institute for Supply Management who provide a report on the US’ purchasing and supply executives. Despite a lower than expected performance in recent months it is backed by historically strong figures and investors are digesting the softer economic data positively as they believe it increases the chances of an interes...

Matt Henderson, Portfolio Manager, looks at the latest European inflation figures and while headline inflation continues to fall, core inflation remains sticky and unchanged at 2.9% driven by the divergence between goods and services. Moving over to the US, Federal Reserve Chairman Jay Powell made positive comments about disinflation re-establishing itself after a Q1 bump. However the Fed want fur...

After a period of exceptional strength in the US economy, new survey data suggests that the US economy may now be slowing from prior elevated levels. Paul Durrans, Investment Director, looks at the recent construction and manufacturing figures which appear to support this cooling trend. In addition, with the imminent release of labour market data how may the path of interest rates evolve?

Jeff Casson, Chief Investment Officer, looks to the week ahead and the imminent UK general election as well as wider political influence on markets as well as cautionary comments from the Bank for International Settlements on re-igniting inflation. We also hear about the challenges on sustainable economic momentum in China over the recent months.

Faye Graham, Investment Analyst and Paul Durrans, Investment Director close out Q2 with a comprehensive discussion on the returns from equities and bonds. They discuss the primary drivers which range from AI to economic growth. However, they start by discussing today's US inflation data. They give insight to why the  inflation data is cooling and what more will be required for the US central b...

As Q2 comes to a close, Paul Durrans, Investment Director, reflects on equity market performance in a quarter which has seen a number of markets reach new all-time highs. Paul discusses the complex interplay of strong corporate earnings, economic growth, the prospect of lower interest rates and AI.

Matt Henderson, Portfolio Manager, looks into why some investors are moving away from AI and semiconductor associated names which have seen great success and into the rest of the market. We also get a look into the consumer confidence data released yesterday and what it tells us about the US economy as well as a look ahead to the market expectations for the upcoming PCE (personal consumption expen...

All eyes are on Nvidia as George Bell, Portfolio Manager, looks at the recent share price drop of 16% just after it was crowned the most valuable company in the world. He also explores the resilience of the broader market despite the dip in the tech sector and the positive equity market returns in global markets.

As we look to the week ahead, Kevin Kidney, Head of asset allocation, looks at the inflation focused events from major economies as Q2 comes to a close. The US Federal Reserve is releasing the core inflation print and market expectations are at around 2.6% which puts it ahead of target. In the Eurozone we get data from France, Spain and Italy as well as the UK where the general theme appears to be...

The focus for today is the UK as Kevin Kidney, Head of Asset Allocation and Paul Durrans, Investment Director, look at the Bank of England’s decision to maintain the current interest rate of 5.25% and the economic factors as to why. Also they take a look into the surprisingly positive UK retail sales data as consumer confidence is building with stronger real wage growth and how that compares to a...

Today, Kevin Kidney, Head of Asset Allocation, covers the exceptional strength of the US equity market with new highs driven by Nvidia which has overtaken Microsoft to become the world’s most valuable company. Also, with global core inflation falling, is it time for policy makers to be forward thinking and lower interest rates?

Headline Inflation has finally reached the Bank of England's 2% target, but Core remains above target. George Bell, Portfolio Manager asks the question, if inflation targets have been hit when will see interest rate cuts?

With the release of Eurozone's wage growth figures, Chris Leyland, Director of Investment Strategy, discusses how wages are ahead of inflation, meaning that individuals can afford to spend and consume. Why is this important for investors? An increase in spending could boost the eurozone economy. #inflation #wages #economy

Today Jeff Casson, Chief Investment Officer previews the week ahead in investments, focusing on Thursday's interest rate decision by the Bank Of England. Jeff also dissects retail data coming out of the US, plus interest rate data from China, and what that means for your money.

This week Kevin Kidney (Investment Director) and Matt Henderson (Portfolio Manager) discuss the latest UK economic data and if this presents any issues for the next Government. Additionally, the pair review the latest inflation news coming out of the US, and why the US central bank take this into account when making its next interest rate decision. #investing #interestrates #economy #uk #jobs #ele...

Yesterday financial markets received two major announcements from the US - the country’s inflation report and the Federal Reserve’s interest rate decision. Matt Henderson, Portfolio Manager, explains the details of these announcements and looks at what impact they could have on markets.

The upcoming general election is at the forefront for both investors and voters right now, with manifestos being released this week. Paul Durrans, Investment Director, looks at the current economy, including wages and inflation and how current economic activity suggests a problematic landscape for all political parties.

The latest reading from UK employment data shows that wage growth remains strong and is currently growing at a rate above inflation. George Bell, Portfolio Manager, examines what this means for the labour market and what repercussions data like this can have on the Bank of England’s inflation target and the upcoming general election.