UK ON TRACK FOR RECORD GROWTH AS THE BANK OF ENGLAND UPGRADES ITS OUTLOOK
This week we got the much expected news from the Bank of England that the economy is forecast to grow quickly this year and they don’t plan on doing anything to stop it.
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SLOWING VACCINATION RATES CLOUD THE OTHERWISE SUNNY FORECAST FOR THE US
This week Joe Biden addressed the United States Congress for the first time as president and declared “the US is ready to take off”.
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UK’S ECONOMIC GROWTH NEEDS TO BE SEEN IN CONTEXT
This week the headline statistic that the UK economy has grown at its fastest pace in seven years initially seemed to suggest that the recovery from the pandemic was starting to pick up.
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POSITIVE ECONOMIC NEWS IS TEMPERED BY GLOBAL COVID CASES CONTINUING TO RISE
This week we have seen promising signs of the global economy reawakening from the forced hibernation brought about by the pandemic.
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VACCINATION PROGRAMMES HELP TO FEED THE POSITIVE NARRATIVE FOR EQUITY MARKETS
This week we saw some exceptional vaccination rates as the UK powers towards its target of vaccinating all over 50s before the middle of April.
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LET’S HOPE VACCINE NATIONALISM IS NOT THE START OF A LONG-TERM TREND
This week we saw some exceptional vaccination rates as the UK powers towards its target of vaccinating all over 50s before the middle of April.
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MARKETS SCEPTICAL ABOUT CENTRAL BANKS’ COMMITMENT TO LOW INTEREST RATES
This week we saw markets continue to worry about what a world without free money might look like, with government bonds getting dumped
despite US Federal Reserve claims that rate rises are two or three years away.
SHARP DECLINE IN UK/EU TRADE AS COVID-19 RESTRICTIONS AND BREXIT COMBINE
This week we got news that UK exports to the EU dropped by 40 per cent in January.
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POTENTIAL FOR SWIFT RECOVERY PROMPTS FEARS OF INFLATION
This week there was a bit of excitement in markets as investors tried to process what an end to the coronavirus pandemic might mean. In the
first instance there is some hope this might mean a strong recovery over the summer, as pent up demand gets released and some of the savings
people made over 2020 get spent.
THE FRICTIONAL COSTS OF TRADING POST-BREXIT ARE BECOMING MORE APPARENT
This week we caught a slight glimpse of what life was like in the before times, when the most notable news we had to deal with was a couple of central bank statements.
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