Economic and market insight
Ever been so happy it makes you sad? Ever been so distraught it makes you smile? Humanity is complicated, which makes markets tough to read as well.
Stocks are flirting with levels that delineate a depressed market. The mood is gloomy and the risk of recession is real, but are investors pricing in too much bad news?
Central bankers have spent years focussing their efforts on fighting deflation. Now that long-dormant inflation is back, they have to stop it from bedding in while avoiding sending the economy into recession.
US monetary policy is tightening, sending the greenback higher. This should ease US inflation even as it squeezes the costs of living and doing business for foreign markets.
Central banks, squarely behind the curve, are preparing to raise rates swiftly. Inflation should be peaking, yet a European oil embargo is becoming more likely.
People are starting to react to increases in the cost of living, cutting non-essentials and spending less. Central banks are soon to follow suit by increasing interest rates further.
The war in Ukraine has dampened global growth as waves of COVID-19 continue to roll across the world. Meanwhile, politics is back to the fore in Europe and America.
Western central banks are trying to rebalance the scales in bond markets without causing a panic. Meanwhile, COVID-19 and bog-standard politics are still influencing markets in Europe and Asia.
As the UK gears up for its first-ever Platinum Jubilee, the Rathbone Ethical Bond Fund is celebrating its own historic milestone. Fund Manager Bryn Jones looks at what might lie ahead as bond markets move into a new cycle and the transition towards a greener, more circular economy gains still more momentum.
The UN-backed Sustainable Development Goals (SDGs) were created to balance the economic, environmental and social pillars of sustainability. Yet the recent energy and food crises show just how difficult this can be, notes our sustainable multi-asset investment specialist Rahab Paracha.
Can our overburdened planet keep supporting all the people on it? Bryn Jones, lead manager of our Ethical Bond Fund, thinks the swelling number of people on earth raises the prospect of big shortages of basic necessities. He explains how this impacts his team’s decisions and offers some hope that bond investors can help make a difference.
Charlton Heston and our head of multi-asset investments David Coombs have little in common. But they both hate the walking dead.
We’re living in an era in which human activity is radically changing the planet, according to a raft of scientific data. Bryn Jones, lead manager of our Ethical Bond Fund, explains how this influences his team’s long-term decisions.
Bear markets are taking their toll. Our head of multi-asset investments, David Coombs, explains how his team are trying to protect portfolios and prepare for a better future.
How innovative companies are finding sustainable ways to feed the world in challenging circumstances.
In the midst of an unfolding humanitarian crisis, our thoughts are first and foremost with the people of Ukraine. But with an eye to our duty to our clients, we explain our views on the impact of the war and other big uncertainties investors are facing.