Markets have reined in their expectations of inflation over the next five years . But it’s too early to write off the reflation trade.
The FTSE 100 saw a sharp rise yesterday after the Bank of England cut interest rates to 0.25% and extended its quantitative easing programme. The index closed up 1.6% at 6,740.
Donald Trump’s protectionism, inflationism, and macho attitude were supposed to be terrible for emerging markets. But that hasn’t happened. John Stepek explains why, and what investors can learn.
With investors in US stocks facing some of the worst returns in history, where should they turn for value?
Russian stocks jumped sharply in 2016, but this year they have slipped by 4% – the second-worst showing by an emerging market after Greece.
Wall Street and the FTSE 100 have hit new highs. European stocks are looking livelier too. Global equities, measured by the FTSE All-World index, are also at new peaks. But could this be as good as it gets?
The rise of passive investing is a result of rock bottom interest rates. That’s good in the long term, but could cause pain in the short term, says John Stepek.
Dominic Frisby picks the best place to lock away some cash for his children’s future.
The US stockmarket has already priced in Donald Trump’s fiscal stimulus plans. But he’s going to have trouble delivering, says John Stepek. And that could send stocks tumbling.
Developed-world stocks are overpriced on pretty much every valuation indicator there is, says Merryn Somerset Webb. What will trigger a change?
Taxi-hailing app Uber is running into all sorts of trouble, says Matthew Lynn. Listing on the stock market will give it the discipline it needs.
More than 1,000 hedge funds shut down last year – the most since the financial crisis. There are now fewer funds around than at any time since 2013. What’s going on?