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.
The victory of Exxon Mobil’s shareholders forcing the US oil juggernaut to be more transparent regarding its impact on climate change stands in stark contrast to president Trump’s announcement that the United States is withdrawing from the Paris Agreement.
Just like 2016, in 2017 the focus will once again be on climate change, but also on corporate governance - which remains a key theme - and in particular on business ethics. Finally, the millennial generation will continue to power ahead, and exert a major influence on consumer behaviour.