Surging gilt yields heap pressure on Chancellor Rachel Reeves, raising the prospect of further tax rises or spending cuts.
Opinions
12 Min de Lecture
Q4 Multi asset perspectives: American era
07 January 2024
Julian Howard, GAM’s Chief Multi-Asset Investment Strategist, outlines his latest multi-asset views, exploring how we are in the midst of a new American era, defined by a strong economy privileged by its relative isolation and a stock market uniquely placed to benefit. Investors will, however, need to be aware of risks around inflation and over-valuation.
Multi-Asset Blog
3 Min de Lecture
Fed cuts US rates for third successive time
18 December 2024
But with inflation and the jobs market resilient, Fed points to 50 bps of cuts for 2025, compared to 100 bps flagged in Q3.
Multi-Asset Blog
3 Min de Lecture
ECB cuts interest rates again
13 December 2024
The eurozone’s fourth cut of 2024 comes against the backdrop of a potential ‘Perfect Storm’ of political instability and economic woes.