A New Era for Global Financial Markets
Global financial markets have started the New Year on a surprisingly strong footing, with the Dow Jones, FTSE and US$ all outperforming expectations and achieving record-highs. Why the unprecedented optimism so early on in the year? Investors are expecting significant change for global financial markets, characterized by the profound shifts taking place in monetary and government policy worldwide.
After an Impressive 2016, Where Will Markets Move?
Source: Bloomberg News (2016)
Investors should brace for few certainties, several headwinds and many opportunities in the New Year. Donald Trump will see his first days as President of the United States, the British government will begin proceedings to leave the European Union, there is risk of a supply war over the world’s most important commodity, oil, and interest rates are likely to rise around the world.…