Brazil is, in many ways, a study in contrasts. After contracting for eight consecutive quarters, the Brazilian economy has been on a growth trajectory for over a year amid rising commodity prices, a stronger labour market and other tailwinds.
This recovery began with a rally in the currency, the real, leading to cheaper imports and thereby helping to reduce inflation. Lower inflation has allowed the central bank to cut interest rates deeply...
Retail companies could exceed expectations
Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.