Equities
The now annual sale known as Black Friday has changed the face of consumer spending. While 2018 looks set to be another record-breaking year, we believe this promotional environment acts like the Sword of Damocles over the future of many UK retailers.;
Equities
Equities tend to rally into year end, and particularly in years with US midterm elections. While this could easily be a statistical fluke, the Asset Allocation team sees fundamental reasons to buy stocks at this point and is now moving positive on the asset class on a tactical basis.;
Equities
One-day corrections of 3% are always painful, especially so when investors have become so accustomed to low volatility after almost a decade-long bull market. We see the move as most likely a technical sell-off (famous last words) and believe it is probably too early to buy the dip. ;
