by Tina Byles Williams | Jan 22, 2020 | Market Outlooks
During the second half of 2019, the late cycle bull market for financial risk assets sprinted to the finish line despite lackluster global growth. Global markets ended the year on a bullish note, with the U.S. S&P 500 climbing to another record close.
by Tina Byles Williams | Oct 29, 2019 | Market Outlooks
In the third quarter, both of the leading anglo-liberal democracies lurched towards the political abyss and even potential constitutional crises, while global growth continued to decelerate on the back of trade policy …
by Tina Byles Williams | Jul 16, 2019 | Market Outlooks
Despite a rocky mid-point, precipitated by the infamous “tweet heard around the world” on May 5th, when President Trump once again pivoted to a more bellicose stance in the trade war with China, global equities eked out a solid gain of 3.6% during 02....
by Tina Byles Williams | Apr 18, 2019 | Market Outlooks
Although global growth declined in Q1, as anticipated in our Q1 2019 Outlook, risk assets continued their December 2018 romp as a result of an apparent de-escalation of U.S.-Sino trade tensions and a decidedly dovish pivot by G10 Central banks (See Table One). Some US...
by Tina Byles Williams | Feb 1, 2019 | Market Outlooks
Frontier markets slumped in line with other non-dollar denominated markets in 2018; though outside of Argentina, frontier markets as a whole outperformed even the U.S. market. In our annual outlook we first look back to grade our calls from last year (spoiler: very...
by Tina Byles Williams | Jan 18, 2019 | Market Outlooks
Each year we begin our Q1 market outlook by holding ourselves to account for the results of the previous year’s macro strategy calls. We then give a detailed overview of what we see as the chief headwinds…
