global economy

2018 predictions reviewed: did our experts get it right?

This year started with the bull market that began in 2009 still going strong. While there was no lack of voices raising concerns about valuations looking pricey, particularly in the US market, other commentators pointed to parts of the world that were supposedly on the up. However, for a while in 2018 the reverse appeared to be true.

How to shock-proof your portfolio as the economy cools

The UK has had a good summer. In economic terms, so has the global economy, which has enjoyed strong growth for nearly 10 years. However, as the nights draw in and the leaves start to fall, investors know that just as the seasons inevitably change, economic expansions end. There is nothing particularly troubling in the latest economic data, but some investors are considering how to prepare for gloomier days.

A strong dollar and escalating trade war risks derailing US economy

The strength of the dollar coupled with presi­dent Donald Trump’s sabre-rattling soap opera on trade war has put our panel of asset allocators more on the defensive. The global growth num­bers remain too strong to persuade any of them to call an end to the long bull market in equities. But cash levels in their portfolios are rising, and the average score for global bonds (mostly US Treasury bonds) has edged higher.

The three risks investors need to keep an eye on

As we enter the third quarter of 2018, there are three main areas of concern for investors, according to JPMorgan Asset Management’s latest quarterly Guide to the Markets.

The first: how long can the US economic expansion last?