US markets make new records just in time for Independence Day. While Americans take a day off, it seems a good time to take a look at a tough corner of the UK labour market.
Tougher times may lie ahead, but we believe the cyclical rally has further to run.
The looming Olympics must be on the mind of our head of multi-asset investments David Coombs, as he discusses the outlook for the UK.
The prospect of widespread inoculation is like a shaft of light in the darkness of a very long year. But just how much of the world will that light touch?
A roller-coaster of a year finished on a high note for the markets, and we start 2021 with a sense of relief that one of the most difficult years many of us have ever experienced is behind us.
Financial markets have been on a rollercoaster over the past year. There was a sharp drop in March as countries locked down and then a swift upswing followed, led by technology shares. Even unloved companies, particularly banks and energy firms, have rebounded lately, thanks to good news about vaccines.
A free trade agreement with the EU avoids damaging tariffs, but other barriers remain.
We close a difficult year with a sense of relief, and the tools to deal with the challenges ahead.