Most organisations inside the UK – and many outside – will rank Brexit as amongst their biggest immediate risks. Rightly so. But amidst this political maelstrom, it’s easy to forget that the biggest existential threat to your organisation might come from an emerging disruptive trend or a change in social attitudes. In this week’s blog … More What’s that coming over the hill?
January has two faces. On the one side, a global market rally, on the other rising global risks. There’s an obvious tension here. The rally seems largely based on investor expectations that these rising risks will slow the pace of US interest rate rises. But, 2019’s risks look broader and deeper than 2016, when we … More 2019, the story so far…
This week’s Capital Agenda Blog comes from Adrian Browne, UK&I Transaction Advisory Services Markets Leader, and Kirsten Tompkins, UK&I Transaction Advisory Services Lead Content Editor. What stands out most from our 2018 word cloud is ‘More’. We clearly used that word a lot! This last year had more volatility, more uncertainty, and more disruption – but … More What happened in 2018?
In other words, what’s happening apart from Brexit? Because, without wanting to downgrade its significance, there is so much more going on that could easily be lost in the pre-vote maelstrom. Which is why this week, I’m going to focus on three other themes we can’t lose sight of – all of which also have … More What else is happening?
My immediate answer is “riskier uncertainty”. Not knowing what happens on 29 March 2019 isn’t new. But although we now have a deal; the events of the last seven days seem to have increased probability of no deal. This is a new level of uncertainty with a rapidly approaching cliff-edge. Which is why, rather than trying … More What does Brexit mean now?
In EY’s latest Global Divestment Survey, 90% of European companies said that they plan to divest assets within the next two years. Of those divesting, 87% said the main reason for selling an asset was its weak position in its market place. How can companies prepare this type of business for sale? I think the answer … More How can analytics make targets more attractive?
I’m sure it hasn’t escaped your attention that one of the world’s biggest investment banks collapsed ten years ago this week. Such was the magnitude of the crisis, that it still feels like we’re in the midst of the fallout and may be so for a generation. We usually come back after summer with a … More Should we look back to look forward?
The World Cup reminds us how much many of us still strongly identify with nation states. In many major economies this sense of nationhood is increasingly being expressed through greater nationalism and a drive towards protectionist policies. Indeed, one way or another trade is going to dominate the markets this summer, through growing global tensions … More Trading places
Last week I picked out the first five of my ten areas to watch this summer – including oil, which has lived up to its volatile billing. As with so much we discussed, pricing is difficult when structural change has ripped up the old playbook. This week I’m turning my attention to five more issues … More What I’m watching this summer (Part 2)
This time last year we were on the brink of an unpredicted and unpredictable UK General Election and unexpectedly loud tightening noises from UK and US central banks. Still markets remained mostly becalmed. Given how 2018 is panning out, I’ll be amazed if this summer passes without drama. Investors are getting to grips with so … More What I’m watching this summer (Part 1)