Entries by Vicky Cook

Newell Palmer:Monthly Economic Notes-June 2017

  Economic Overview Global growth expectations are on the rise and there may be room for more upside surprises.  Reflation[1] is becoming synchronised, with non-US economies contributing as much as the US to growth expectations.  This marks a reversal from 2016, when the US was the locomotive.  The global economic recovery is broadening and there […]

Newell Palmer: Monthly Economic Notes-May 2017

  Economic Overview Politics remain a key focus for markets, but the latest developments in Europe are positive. In France, the first round of the presidential election ruled out the least market-friendly outcome, and although eurosceptic Marine Le Pen is in the run-off as expected, polls suggest reformist Macron should win. The snap election called […]

Newell Palmer: Monthly Economic Notes-April 2017

  Economic Overview Investors are focusing more on politics and have become more selective in what they buy, the Bank for International Settlements (BIS) said and this could be a latest signal that markets may be breaking free from a dependence on central bank support. The BIS said in its quarterly report that there had […]

Newell Palmer: Monthly Economic Notes-February 2017

  Economic Overview 2016 was a year full of unsettling headlines and subsequent market overreactions, in most cases soon reversed. This may be even more the case in 2017, where we will first have to cope with the implementation of key commitments made in 2016 (most obviously, Mr. Trump’s policy priorities and the triggering of […]

Newell Palmer: Monthly Economic Notes-January 2017

Economic Overview The International Monetary Fund has warned that the deep uncertainty over Donald Trump’s economic policies exposes the global economy to big risks if US interest rates and the US dollar rise sharply, but it also offers potential growth benefits. The performance of the world economy and financial markets may hinge on whether the […]

Newell Palmer: Monthly Economic Notes-December 2016

Economic Overview Goldman Sachs examined the key Trump policy proposals — higher tariffs on trade, curbing illegal immigration, increased federal stimulus, tax cuts for corporations and Americans — and found that while the plan would give the US a short-term bump in GDP growth, it would be a drag on global growth. The near-term effects […]

Newell Palmer: Monthly Economic Notes-November 2016

Economic Overview   The lack of inflation and the possibility of deflation has been the focus of central banks around the world as they cut interest rates and then embarked on non-conventional monetary policy such as quantitative easing in an attempt to stimulate growth and push prices higher. However, inflation is seemingly at an inflection […]

Newell Palmer: Monthly Economic Notes – October 2016

  Economic Overview Since the Global Financial Crisis (GFC), central banks have relied on experimental monetary policies. However, these policies have more of an impact on financial markets rather than economic fundamentals.  Asset prices have been driven higher to the point where valuations for global equities, fixed income and housing markets are at or near […]

Newell Palmer: Monthly Economic Notes – Sept 2016

Economic Overview Following the economic crisis of 2008, government debt levels in many advanced economies rose as governments sought to rescue the financial system and boost demand, but the underlying issues of employment and stagnant incomes have remain unresolved creating a backlash against globalisation and international trade. Housing affordability has declined due to excess liquidity […]

Newell Palmer:Monthly Economic Notes-Aug 2016

Economic Overview Following the economic crisis of 2008, government debt levels in many advanced economies rose as governments sought to rescue the financial system and boost demand, but the underlying issues of employment and stagnant incomes have remain unresolved creating a backlash against globalisation and international trade. Housing affordability has declined due to excess liquidity […]