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The latest from HGi

US: taking the lead from the middle

NEW
2 hours ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts

Sir Martin Sorrell, chief executive of the UK-based advertising agency WPP recently described the world as “three-speed”, noting that it was a “slog” in the west, “patchy” in the Middle East and still “much stronger” in the east.

Repo markets and the proposed financial transaction tax

1 Day ago
Economics & marketsClick for moreClick to follow:Economics & markets
378 Following
 
Daily thoughtsClick for moreClick to follow:Daily thoughts

The European Commission’s financial transaction tax proposal on most equity, debt and derivative transactions is currently the subject of hot debate and negotiations between the 11 eurozone member states and participants in the financial markets. One area of the industry that seems particularly vulnerable to even the smallest levy is the securities lending and repo markets because of a combination of low margins, large volumes and repeated transactions.

Still a nation of shopkeepers?

2 days ago
RetailClick for moreClick to follow:Retail 
Daily thoughtsClick for moreClick to follow:Daily thoughts 
GlobalClick for moreClick to follow:Global
221 Following

It was Adam Smith in his 'Wealth of Nations' published in 1776 who referred to Great Britain as 'a nation of shopkeepers' and it is a phrase that has remained very relevant to the UK economy ever since.

Investment opportunities abound in emerging markets

3 days ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts

Emerging markets equities have had a bit of a bumpy ride in recent years. During the last three years the asset class has underperformed US equities by a significant margin and has registered a similar performance to Europe despite the fact that the latter was at the epicentre of almost every negative tail risk event.

Which retailers have survived the great chill?

6 days ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts 
UKClick for moreClick to follow:UK
292 Following

There is no denying that weather patterns can have a significant impact on retail businesses. The unseasonably cold weather in the UK this spring caused a sharp decline in footfall on the highstreet and has left beer gardens at pub companies decidedly empty.

Can we rely on China’s official statistics?

Charlie AwdryClick for moreClick to follow:Charlie Awdry
130 Following
1 week ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
For a country the size, state of development and complexity of China, the speed with which they produce certain statistics, such as quarterly gross domestic product (GDP) growth, is surprising.

Digital content: to charge or not to charge?

1 week ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
British Telecom (BT) recently announced plans to offer their sports channel free to broadband customers in a move to grow their position in the combined media and telecoms market. After the announcement the rise in its share price corresponded with a fall in that of its competitors, including BskyB.

Hold the fries please

1 week ago
Daily thoughtsClick for moreClick to follow:Daily thoughts 
UKClick for moreClick to follow:UK
292 Following
One in four adults in the UK is now obese and experts suggest this may rise further. However, the tides are turning and healthy eating is on the up.

Spare a thought for the high street as you sip your latte this morning

Ainslie McLennanClick for moreClick to follow:Ainslie McLennan
171 Following
1 week ago
PropertyClick for moreClick to follow:Property 
Daily thoughtsClick for moreClick to follow:Daily thoughts 
UKClick for moreClick to follow:UK
292 Following
I do love a coffee. And it turns out I’m not alone. There appears to be no limit to how much we enjoy having it flowing through our veins. It is estimated in 2012 there were around 15,500 coffee outlets in the UK producing a £5.8 billion turnover.

An interesting week for interest rate moves

2 weeks ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
While the market frets about the improving US economic recovery and the implications this has for the life expectancy of loose monetary policy currently provided by the Federal Reserve, six central banks have reduced their policy rates over the past week.

Is change afoot in the European telecoms sector?

2 weeks ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
The European telecoms sector has had more than its share of regulatory headwinds, price wars and consumer weakness over the past few years. These issues have caused real headaches for the corporate management and investors involved in the sector.

Transatlantic relations: could the US and EU reach a bilateral trade agreement?

2 weeks ago
Economics & marketsClick for moreClick to follow:Economics & markets
378 Following
 
Daily thoughtsClick for moreClick to follow:Daily thoughts
Since early March, the US and the European Union and have been involved in the preliminary stages of free trade negotiations, dubbed the Transatlantic Trade and Investment Partnership (TTIP). A significant agreement would result in the largest ever bilateral trade agreement, as the two economies together account for about half the world’s gross domestic product (GDP) and nearly one third of world trade.

Investor confidence in Europe rests on Central Bank support

2 weeks ago
Economics & marketsClick for moreClick to follow:Economics & markets
378 Following
 
Daily thoughtsClick for moreClick to follow:Daily thoughts 
ECBClick for moreClick to follow:ECB
On 2 May, European Central Bank (ECB) policymakers meeting in Bratislava lowered the main refinancing rate from 0.75% to a record low of 0.50%, with Mario Draghi, President of the ECB, commenting that “monetary policy will remain accommodative for as long as needed”.

Hot property: the attractions of property equities

3 weeks ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
With bond yields offering low and, in some cases, negative real rates of return, property equities are becoming increasingly attractive as an alternative investment by providing an attractive dividend yield, liquidity, and diversification.

UK government may offer ‘fracking’ sweeteners

3 weeks ago
Economics & marketsClick for moreClick to follow:Economics & markets
378 Following
 
Daily thoughtsClick for moreClick to follow:Daily thoughts 
EnergyClick for moreClick to follow:Energy
When the UK’s energy and climate change committee announced on Friday that financial sweeteners such as cheaper energy bills or funding for community projects would be needed to overcome opposition to shale gas drilling, it acknowledged the potential contribution of shale to the UK’s battle against rising energy prices and dependence on volatile international energy markets.

Debunking the ‘growth versus value’ myth

3 weeks ago
EurozoneClick for moreClick to follow:Eurozone 
Daily thoughtsClick for moreClick to follow:Daily thoughts
Dogmatically following a pure growth or pure value investment style is dangerous and misguided. Instead, equity investors should be pragmatic and adaptable as to where to find the best investment ideas.

US GDP: When can we expect more bang for the buck?

Tom MarsicoClick for moreClick to follow:Tom Marsico
74 Following
3 weeks ago
Daily thoughtsClick for moreClick to follow:Daily thoughts
The US economy grew at an annualised rate of 2.5% (first estimate) in the first three months of 2013, below consensus expectations for a more robust 3.0%. Markets wobbled slightly on the news as investors feared that the ‘sequester’ (across-the-board budget cuts) and the delayed effects of January’s tax increases may be having more of an impact on the world’s largest economy than previously thought.

Social media’s rising influence on financial markets

3 weeks ago
SocialClick for moreClick to follow:Social 
Daily thoughtsClick for moreClick to follow:Daily thoughts
Last Tuesday a tweet from the Associated Press Twitter account reporting explosions at the White House sent markets tumbling, knocking billions off the value of the Dow Jones within seconds. When it was reported that the account had been hacked and there had been no such incident, markets quickly corrected themselves.

Is Asia still competitive?

Michael KerleyClick for moreClick to follow:Michael Kerley
142 Following
1 month ago
Daily thoughtsClick for moreClick to follow:Daily thoughts
The developing economies of Asia have rightly been dubbed the factories of the world. However, with currencies and wages appreciating will Asia start losing market share to other developing regions and even witness a reversal of the outsourcing trend as developed economies become more competitive?

Wind in the sails or stagnant water?

Bill McQuakerClick for moreClick to follow:Bill McQuaker
246 Following
1 month ago
EconomicsClick for moreClick to follow:Economics 
Daily thoughtsClick for moreClick to follow:Daily thoughts
Bill McQuaker, Head of Multi-Asset, gives his latest outlook for financial markets


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