Key economic data will continue to drive markets

ON ASSET ALLOCATION

ANTHONY WILLIS, assistant fund manager at Thames River Capital on Asset Allocation

For more information on Thames River Capital, search Adviserhound.com September has defied the pessimists, with stock markets delivering strong performance in what was expected by many to be a weak month. A large boost came from some stronger than expected economic data from the US and China, in the shape of PMI data, which contrasts with generally weakening economic data over the summer months, particularly in US jobs and housing. Investors’ focus is likely to remain fixed on economic growth and macro data for the near future. It is important to see data levelling off in the comin...