Focus Topic Millennials – the global guardians of capital
In this report, we discuss why millennials matter, unpick some commonly held beliefs, and show how their habits will play a pivotal role in the way the world spends its private wealth.
Thought of the day
Mind the tilt
The hawks appear to be out. In the last two weeks, policymakers in Canada, the UK, New Zealand, and most recently Norway have all begun signaling a shift away from easy policy.
Morning audio comment
Investors have the chance to live in the parallel universe of purchasing managers' surveys today. Business sentiment indicators are far stronger than economic reality - sentiment data tends to overreact to underlying economic fundamentals. Today's data for the Eurozone should correct at some point, though the consensus expectation for today remains elevated.
The paradox of historical knowledge
In an age of big data and mass connectivity, our knowledge of the world has never been greater. Yet our ability to predict the future has arguably never been worse. A recent UBS Investor Watch survey shows that 82% of our clients think that now is the “most unpredictable” time in history.
CIO Note: Fed raises rates for the second time this year.
The Federal Reserve has raised rates by 25 basis points, taking its target range for interest rates to 1.00-1.25%. The move, the fourth hike since December 2015, was widely expected by markets. What does it mean for investors?
Are you ready for the futures
No one knows precisely what will happen in the years ahead. How the world responds to observable trends, from the retreat in globalization to the advance of robotics, will be key. We present investors with four "futures" that could determine the shape of portfolios to come.
100 days of President Trump
The first 100 days of Donald Trump's presidency have shown that POTUS 45 is not like any other. What's next for investors? Watch the video.
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