With 2018 almost done, this week’s Diary surveys the latest Brexit news, picks up on trends for the global economy and reflects on the prospects for 2019.LEARN MORE
Political events in the UK and US are unavoidable at the moment, but under the surface why are financial markets now in a more buoyant mood than at the end of last year and is the background noise obscuring a more fundamental shift in the way in which investors judge risk and return?
This week’s Diary, the first of 2019, contains a brief look back at 2018 before moving on to the future, populated, as ever, by known unknowns and unknown unknowns. Opportunities and threats are the only constants.
With 2018 almost done, this week’s Diary surveys the latest Brexit news, picks up on trends for the global economy and reflects on the prospects for 2019.
Presidential tweets and an arrest warrant, EU politics in a state of flux and, of course, Brexit conspire to make volatility a large part of the daily diet of investment last week. Under the surface, pockets of value are appearing, but no one is paying much attention at the moment.
David Miller is a Quilter Cheviot Executive Director and active investment manager. He makes regular appearances on TV and radio and is the author of the prizewinning weekly, Diary of a Fund Manager which now has a global circulation list of over 20,000. In a career spanning four decades, he has worked as a stockbroker and then fund manager, advising private individuals throughout, for the last ten years at Quilter Cheviot which is part of the Old Mutual Group. He read Natural Sciences at Cambridge University and is a committed empiricist, suspicious of economists with theories.
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