Navigating the Futures
We explore how the world might respond to observable trends, such as advance in robotics and the retreat in globalization, and imagine four "Futures" that could determine the shape of portfolios to come.
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
Understanding the EURUSD reaction function
Mario Draghi’s commentary following the ECB's 20 July meeting included dovish-sounding statements, including the continuing need for “very substantial” monetary accommodation, and failed to set a time frame for tapering. Bond markets reacted accordingly, with 10-year yields falling across Spanish (–8.4bps), Italian (–7.1bps) and Portuguese (–4.6bps) bonds.
Morning audio comment
Does a few weeks' delay make a difference?
Hopes that ECB President Draghi would own up to membership of over-easers anonymous were dashed by the press conference yesterday. There were hints that the ECB may not announce plans for tapering bond purchases until October of this year.
FOMO versus FOJI
A young tech entrepreneur recently told me that social media postings are fuelled by a Fear of Missing Out (FOMO) and a Fear of Joining In (FOJI). Talking about FOMO versus FOJI sounds a bit more sophisticated than the old Wall Street mantra of greed versus fear. But the concepts are the same.
Global risk radar: Geopolitics in the Middle East
Tensions between Saudi Arabia and Iran have intensified as of late. We assess the risk of an oil supply shock in the Middle East.
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?
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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