Tesco is launching its own version of Aldi and Lidl – but cashing in on the fast-growing discount sector won’t be easy.
Articles written by Marina Gerner
Ten years after a financial crisis caused by too much debt, the world has an even higher debt load.
Oil prices reached four-year highs of around $80 this week. And the fundamentals of the market point to even higher prices in the short term.
Over the past five years, Japanese companies’ average pre-tax profit margin has risen from 4.5% to 7.7%.
Higher wages are on the way in the US as the labour market keeps tightening. But upward pressure on wages implies upward pressure on inflation and higher interest rates to subdue it.
According to the latest Bank of America Merrill Lynch survey, 28% of fund managers are underweight in UK stocks.
The emerging markets sell-off has pushed the Indonesian rupiah to its weakest level against the dollar since the 1998 Asian crisis.
South Africa’s economy fell into recession in the second quarter of 2018, contracting by 0.7% after a decline in GDP between January and March.
“Cov-lite loans”, which do not require a borrower to pass financial tests, have proliferated amid the desperate global search for yield.
This year has not been kind to Japanese equities. But this looks wrong-headed given the encouraging backdrop.