The UK economy continues to grow. However, ongoing wrangling over our exit from Europe and broader domestic political uncertainty has seen growth expectations reduced to a rather uninspiring 1.2% in 2019, according to official forecasters.
It is also a similar and rather subdued story globally, which has fed through into this muted earnings growth forecast across UK equity markets this year. This dynamic can be seen most acutely in FTSE...
In an environment where no region presents an obvious opportunity from a valuation perspective in 2019, Japan offers investors the best chance to at least get access to a major market at something of a discount.
The long-term attraction of the UK smaller companies market is beyond doubt.
Given the constant focus on what might cause equities to fall and whether now is the right time to invest, it is helpful to remember equities as an asset class have historically been more likely to deliver positive returns in any given 12-month period...
We are seeing a new bout of deterioration in fundamentals, with earnings revisions worsening and PMIs back on a declining path across emerging markets (EM).
The UK remains a global leader in the provision of higher education, with some of the highest ranking universities in the world.