2017 looks set to be a more than decent year for the equity markets, although the markets stopped for breath in November. Our expert, Johan Gallopyn, outlines the main trends on the equity, bond and currency markets of the past month.
The recent wave of redundancies in the industrial and financial sector as well as the commotion surrounding CETA have put the challenges that come with automation and globalisation centre stage. These challenges come in addition to the issue of ageing and require urgent policy responses.
Low inflation has been a concern for Western policymakers ever since the start of the Great Recession. Despite record low interest rates and unprecedented balance sheet expansion most central banks are still looking for higher inflation.
Equities performed very weakly in December, resulting in a year which posted a loss overall. Our expert, Johan Gallopyn, takes stock of the previous month and the year 2018 in terms of the equity, bond, currency and commodity markets.