Not deterred by my questioning last quarter, Tim has kindly returned to the quick-fire questions hot seat!
This quarter I ask about the risk of a China hard landing (as voted by you), what the risks are to growth globally, and why wage growth matters. The big question is really - for how long can the global economy remain at just the right temperature?
Markets toasted France on Sunday night (April 23) as Macron made the second round to challenge Marine Le Pen. It broke a sequence of shock election results in G7 countries and for once meant our Asset Allocation team got a full night’s sleep (see Sunday Bleus which we updated live on Sunday night).
In the first of our quarterly quick-fire questions, we have Tim in the hot seat! Tim discusses President Trump’s policies, worries around protectionism and the latest Fed hike. He also considers market expectations for European Central Bank tapering, where a regime change looks to be on the horizon…
Our incoming CIO, Anton Eser, talked on Bloomberg about the structural imbalances in the world. In my view, this is a ‘must see' clip for every investor. While we agree that these imbalances exist, here are some additional factors to keep in mind.