Investors are losing confidence in India’s prime minister and his promise of further reforms. The country’s potential remains intact, but be prepared for some short-term bumps, says Cris Sholto Heaton.
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.
The world’s most bizarre financial experiment ever – negative interest rates – continues. Merryn Somerset Webb looks at how investors should respond.
As the US dollar index heads higher, John Stepek looks at how that affects the charts that matter the most to the global economy.
During volatile periods of this ten-year bull market US firms have stepped in to buy back shares, propping up equity prices. Yet in the second quarter they have bought back stock at the slowest pace in 18 months.
Trade war uncertainty means that the MSCI Emerging Markets Currency index is on course for its worst month since May 2016.
Markets have been on a downswing ever since Donald Trump upped the trade war ante on 1 August. The end of last week brought yet more escalation.
An Oklahoma judge has ordered Johnson & Johnson to pay $572m – much less than expected – in the first trial involving a state seeking compensation for the public-health crisis spawned by opioid painkillers.
The new Cold War between the US and China means that the next three decades will be very different to the last three – and that’s going to make investing very complicated indeed.
Can firms maintain their currently high levels of profits against this backdrop? Lord Rothschild is sceptical.
The yield curve suggested a recession was on the way when it inverted – but that could be up to two years away. John Stepek looks at the charts that matter most to investors to see which way the markets are turning.
Inverting yield curves and trade wars are all very worrying, says John Stepek. But nothing says “top of the market” like the stockmarket-listing of this company.