India revisited

Indian equities have been on a roll. Since the global sell-off through the end of February and March, Indian stocks have recovered over 40%. That still leaves the Indian market down around 2% year- to-date, but compared to other emerging markets, India is faring well, outrunning China particularly over the past couple of weeks. One…

IMF

IMF: Austerity is not the answer this time

The International Monetary Fund (IMF) created considerable waves this week with mixed messages in its biannual world economic outlook. IMF economists now expect a decline in economic activity of 4.4% for 2020, with the slight increase from June’s forecast owing to better than expected growth in the second quarter of the year. The higher base…

Brexit Negotiations

Watching and waiting

A noticeable winter chill is in the air this week. The threat of fresh lockdown measures has become reality, with renewed restrictions coming into force not just in the UK, but across most of continental Europe as well. But unfortunately, the UK – once again – is faring particularly badly in virus terms. At the…