A whistle-stop review of the main industry events
Last year's contraction of manufacturing and industrial output was the third of the current economic cycle, influenced by dollar strength, the trade war, and the impact of strikes at General Motors and the grounding of the Boeing 737 Max.
Regardless of your home country, there are only a handful of words across the globe that can elicit a visceral response when spoken among polite company.
Managed by Stephen Mortimer
Low probability of US 2020 recession
Identifying resilient themes
'WYSIATI' behavioural phenomenon among investors
Will form new Phaeacian Partners
Commodities reverse outflows
Underweight GBP and EUR
In the US, one exciting opportunity is in sustainable packaging, where volumes are moving meaningfully toward aluminium, which is infinitely recyclable and should have a lower overall life cycle impact compared to plastic.
Recent sharp movements are 'rare'
2019 was marked by US dollar appreciation
$12trn of global bonds trading with sub-zero yields
Equities sold off aggressively during 2003 SARS outbreak
'Train is not going off the tracks'
Return of big banks and the end of austerity?
Share price spikes
Ahead of 'phase one' agreement
Oil and gas stocks rise amid escalating tensions
13.4% achieved above-average returns