Market update & economic outlook

Markets are holding onto last year’s gains as they continue to anticipate a “Goldilocks” scenario of falling inflation, reasonable growth and lower interest rates. There are some reasons for caution. Recent US inflation figures were higher than expected, suggesting that interest rate cuts may still be some months away. Political and geopolitical risks also remain high. However, resilient labour markets and lower inflation are contributing to a pick-up in consumer confidence, making us somewhat more optimistic.

To hear our views, join us online on Thursday 25th April from 11am to 12pm.