While financial markets in the developed world responded positively to the election of Donald Trump, the reaction in emerging markets (EMs) was mostly negative.
The machinations of central banks were once conducted in near-anonymity and of interest only to a small band of finance specialists. Now they are both political and highly public. With ultra-low interest rates representative of the “new normal”, what are the chances of a return to the low-key status quo that endured for so long?
Electric vehicles (EVs) have existed since the 19th century, but have been most prevalent in niche applications such as mobility scooters and forklifts.
First the EU referendum, then the election of Donald Trump. In 2016, investors were surprised by events that pollsters and other experts said wouldn’t happen, although on both occasions stock markets swiftly recovered before reaching new highs.
The advent of “robo advisers” has provided some investors with an opportunity to take a different approach to managing their investments, and undoubtedly some are ready and willing to rise to the challenge.
Stock markets emerged unscathed from the shock of the EU referendum result and the election of Donald Trump, but will investors be so sanguine in 2017?
With the crowning of the Strictly winner and passing of the shortest day, it often falls to a CIO to write a seasonal article or look at the year ahead.
With the EU referendum and the election of Donald Trump, 2016 has been an interesting year. Neither result was predicted by the experts or pollsters who get paid so well to know ‘what people think’. And, in both cases, the victors made campaign commitments that were outright nonsense.
Populist pledges to protect domestic jobs by restricting free trade proved a key feature of both the Brexit campaign in the UK and the presidential election race in the US. Although such rhetoric can seem very appealing, history suggests protectionist policies ultimately do far more harm than good.