Making predictions is always daunting – this year more than most. Nevertheless, we’re going to look beyond current uncertainties to identify trends that will influence the Capital Agenda in 2017. One easy prediction: it won’t be quiet. Beyond that, almost anything seems possible. Last year’s overturning of decades of consensus was truly extraordinary; but, we only saw glimpses of what might replace it. This is where 2017 gets interesting.
How do we even start to sum up 2016 on in one blog? Great tomes will surely be written about a year in which so many orthodoxies were overturned and paradigms shifted. But we’re going to give it our best shot by picking what we think are five standout moments– i.e. those we think best epitomise a tumultuous year in capital markets. Or not all that tumultuous, considering….
The OPEC deal announced last week helped to propel the price of a barrel of Brent Crude over the $50 mark, the highest for well over a year and almost double its January low. But prices have stalled since, underlining our view that this isn’t a one way ticket. So where next for oil?
I don’t know about you, but I’m finding it increasingly hard to predict where markets will go next. I understand the logic behind the recent rise in equities – but not the certainty with which it’s being applied. We don’t know for sure what BREXIT or a Trump presidency means. So, I wondered…does this rally really signal confidence? Time to look under the hood…
This week’s blog comes from Alex Gaunt, Lead Partner in our Operational Transaction Services team. A dramatic fall in sterling has made businesses more attractive to foreign buyers. Companies will need to think about their options – but to keep those options open, they’ll need to focus on operational efficiency and innovation.
Anyone else with déjà vu? We’re clearly in the midst of seismic shifts in the political landscape that may be more fully realised next year after a run of major European elections. So, do we need to rethink…well…everything? What does it mean for the ability of companies to raise, preserve, optimise and invest capital if fundamental economic orthodoxies break down?
In the past few weeks we’ve published a number of reports that help to build a picture of the health, hopes and expectations of UK plc. It’s not pixel perfect, but it feels like a good time to take stock and pick out a handful of themes that we think will endure through autumn and beyond. UK plc is doing ok – better than expected in fact– but current performance is no guarantee of future results. As we found out today – we can take nothing for granted!