View of the Day

Is globalism a spent force?

We have for many years recognised that the era of globalisation is over and the world is becoming more local and regional. The trade dispute between the US and China is one of many pieces of evidence to support the thesis that “globalism”, in all its forms, is a spent force.

Five reasons why gold can go higher

Gold has been on a tear since the beginning of May, the commodity rising by about 30% over the period. This is a reflection of the market shifting towards expectations of a prolonged global growth slowdown, possibly leading to a recession.

While this move in the precious metal may be extended in the short term, I believe that there are number of good reasons why gold can continue to climb higher.

Five ways that women can up their investment game

According to recent research, most British women admit that they would rather talk about pretty much anything (even death!) other than their personal finances. Whether it’s how much we earn or how much debt we have, the general consensus is that we don’t want other people knowing about what we do or don’t have in the bank.

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Not all bonds are the same. But are any of them safe havens?

Government bonds shouldn’t be considered a safe haven asset, says Anthony Rayner, manager of Miton’s multi asset fund range.

To say that not all bonds are the same is stating the obvious but to suggest that government bonds shouldn’t be considered a safe haven asset, is a little braver.

Trade war won’t stop Asia’s growth

The trade war rumbles on. How significant is a threatened 10% on more Chinese exports to the U.S.? In itself, not very significant at all. At least not as far as China is concerned. We have, over the past few months, received enough data on the initial tariffs to understand the near-term effects.

More must be done to reunite children with their funds over the next year

Up to a million children are owed around £1.5bn in public funds. We have to act quickly to reunite them with their money.

This same time next year the first cohort of Child Trust Fund (CTFs) recipients will turn 18. CTFs were set up by the last Labour government to encourage saving for children. The initiative was based on the idea that providing young people with a certain amount of money at the start of their adult lives would engender greater financial confidence.

Is the yield curve still helpful for signalling recession?

It’s become an obsession in financial markets to talk about yield curve inversions and the predictive power of forecasting future recessions. However, with the bond market as distorted as it is by ultra-low interest rates and quantitative easing, perhaps the yield curve no longer gives helpful signals.