How to invest in a market 'driven by expectation'

Simon Black of Dolfin

Simon Black of Dolfin

Part of the June equity market rally was driven by growing investor expectation of a July rate cut in the US, which we believe is overdone.

As we start to see investor expectations realigned over the quieter summer period, we could see some volatility resurfacing. On the macro side, one of our key considerations is global central bank action (or potentially more importantly, inaction). We are already looking ahead to the 2020 US Presidential election and the options available to the US Federal Reserve. Quaero's Monaco unveils 'active deselection' approach for Global Equity fund Chairman Jerome Powell wants to avoid cutting rates any more than he absolutely has to as he does not want to be in an inflationary environm...

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