ECONOMIC & INVESTMENT MARKET REPORT - JUNE 2018

Generally, the month of May was consistent with the 2018 story of a global economy entering a mature stage characterised by market volatility, the gradual emergence of inflation, higher interest rates (primarily in the US) and a softening of global economic growth indicators.

ECONOMIC & INVESTMENT MARKET REPORT - MAY 2018

Looking ahead, global markets face a more balanced set of tailwinds and headwinds than was the case a year ago.

ECONOMIC & INVESTMENT MARKET REPORT - APRIL 2018

While the sudden increase in market volatility in February raises concerns, we do not believe that the bull market in equities has yet come to an end.

ECONOMIC & INVESTMENT MARKET REPORT - MARCH / APRIL 2018

Aside from the February turbulence in equity markets, global economic growth should hold up well and inflation should remain low in 2018.

ECONOMIC & INVESTMENT MARKET REPORT - FEBRUARY / MARCH 2018

Although we believe price pressures will ultimately remain contained in 2018 and even into 2019, there is scope for expectations of inflation to rise further as economic growth continues and central banks move towards monetary normalisation.

ECONOMIC & INVESTMENT MARKET REPORT - JANUARY / FEBRUARY 2018

Although the economic outlook is positive for 2018, we are fully aware that sharemarkets have risen sharply in recent years and valuations are high. Consequently, we will continue to monitor economic and political developments for any negative signals.