Longer-term charts of key equity markets continue to point to strengthening uptrends. These markets will continue to be fuelled by abundant liquidity and a strengthening global economic recovery. In this respect, my colleagues and I continue to promote the view that developed equity markets are a great way to play the macroeconomic environment. Given often… [Read more]
As my colleagues and I muse on our top themes for 2011, following on from our successful top ten themes for 2010, one view taking shape is that developed state equity markets will outperform their emerging market counterparts next year. Though I continue to see gains for many emerging market bourses in 2011 (BMI retains… [Read more]
The timing, as ever, is a little tricky, but at some point during the second half of the year, commodity markets are going to turn lower, and when they do, the move is going to be hard and fast. At the moment, though, the bubble is still forming. Our view of the world starts with… [Read more]