Crude dollar shakedown

Takeways:  The impact of dollar and oil trends on divergent emerging markets caught our eye this week. A timely reminder to check and update plans for different geographies and sectors and realign strategies. As with so much these days, past performance is no guarantee of future growth. Although some things don’t change: Greece is the word … More Crude dollar shakedown

Building resilience: life at $70 a barrel and below

Takeaways: We still live in interesting times. The year ahead will bring further gyrations in monetary policy, currency and commodity prices along with political change and undoubtedly something from leftfield. Stakeholders are increasingly applying the “how does this look with….?” test, be that $60 oil, a stronger pound, Eurozone deflation or higher interest rates. Companies … More Building resilience: life at $70 a barrel and below

The dance goes on: markets rise, whilst fortunes continue to diverge.

Takeways: US and European markets are dancing around record highs. Only one appears to be driven by economic fundamentals, but it would be misleading to suggest the US rally comes without disquiet or that Eurozone markets are all about Mario. European companies’ focus on operational improvement will provide opportunities for discerning investors.  Stronger US growth … More The dance goes on: markets rise, whilst fortunes continue to diverge.

Deflating times

Takeaways: Deflation risks in spotlight. Eurozone forecasts dip further. Saudi action pushes oil price even lower. Bank of Japan hits the QE (panic) button (again) – raising the stakes in the currency markets.  Strong corporate balance sheets provide opportunities to counter growth/deflation risks with acquisitions – despite the October M&A pause, pipelines look strong.  Investor … More Deflating times