5 Mar 2018
Welcome to this week's edition of Weekly Digest; a topical in-house review of world stock markets and the global economy.
This week our Head of Investment Strategy, John Wyn-Evans focuses on inflation and trade wars. Here's a preview of what John had to say:
"The good news is that there have been no material negative data points since last Monday. In fact the Federal Reserve’s (Fed) preferred measure of inflation, the Personal Consumption Expenditure Core Price Index, which was published last Thursday, printed at an annual rate of 1.5% for January, unchanged since December. Yes, it has risen from 1.3% last summer and is trending higher, but it is still well short of the Fed’s target of 2%, a level last seen in 2012."