Household saving has fallen
Clothes retailers have a vested interest in us regularly buying new clothing to stay in tune with a fashion cycle that they spin ever quicker. But it seems that a growing number of us are rebelling.
China and the US have signed a one-sided trade deal that has got investors excited about the year ahead. Chief investment officer Julian Chillingworth notes recession concerns have been well and truly supplanted.
We’ll watch it trundle on
Global markets have been focusing on US rate cuts over the past few months. But investors are increasingly looking to governments to stimulate growth, with a record 57% of fund managers saying fiscal policy is too restrictive, according to a recent survey of fund managers by Bank of America Merrill Lynch.
Stock markets went bananas last year as China and the US appeared to finally agree on trade. But then the killing of a top Iranian general set off geopolitical fireworks. Chief investment officer Julian Chillingworth mulls the consequences.
Horse racing is worth billions of pounds to the British economy — and is particularly important to rural communities. But this is a high-cost sport that is facing many hurdles. As the going gets tougher, can the industry around it survive?
The UK’s first December general election in nearly 100 years punctuated an eventful year for politics and the economy. Financial markets experienced a series of mood swings throughout 2019, but ended on a high as investors regained their appetite for risk. Despite ongoing uncertainty, including Brexit and trade tensions between the US and China, we remain positive about the outlook for 2020.