Matt Henderson, Portfolio Manager, looks at the US jobs data that came out ahead of market expectations yesterday and the Atlanta Fed projections of 3.2% US growth this quarter. Matt also points out that limited economic growth doesn’t necessarily equate to poor equity performance with some data from Germany.

Chris Leyland, Director of Investment Strategy, looks at the US manufacturing data which came in yesterday and despite still being in contraction, surpassed market expectations. What are the main drivers behind this improvement and could we be seeing green shoots of recovery for US manufacturing?

As we look to the week ahead, Kevin Kidney, Head of Investments, looks at some of the potential outcomes of the ‘austerity’ budget vote in the French parliament. Kevin also looks at the jobs data which dominates the US narrative in the early month and what it says about the US economy as we approach the close of 2024.

Kevin Kidney, Head of Investments and Sebastian Mackay, Investment Director, reflect on the US economy as well as the current economic forecasts for the UK and Eurozone with a particular focus on how Germany and France’s political climates may have economic impacts.

Sebastian Mackay, Investment Director, looks at the ambitions of Donald Trump achieving a weaker dollar when his proposed policies appear counter intuitive to achieving this. Will the president elect use policy as a negotiating tactic and how will economies respond to these policies?

Kevin Kidney, Head of Investments, looks at the trade implications of Trump’s tariff intentions for Mexico and Canada and the likelihood of such policy becoming reality. With all time highs in the S&P500 and a 30 month high in hiring intentions, the story is of strong US growth.

This morning, Director of Investment Strategy, Chris Leyland, explores reports of Donald Trump raising US tax tariffs on foreign goods from China, Mexico and Canada. The updated tariffs are supposed to encourage US consumers to purchase US-made products that would be cheaper than their international counterparts. Raising tariffs could affect the trading relationships between the US and their international trading partners, but, how could this affect markets going forward?

George Bell, Portfolio Manager, looks at incoming US and Eurozone inflation data this week which markets expect to increase despite divergent policy backdrops. Are we seeing a trend of inflation heating up?

Chris Leyland, Director of Investment Strategy and George Bell, Portfolio Manager, look at the backdrop of escalating tensions between the US and Russia its effects on gold and oil. Chris and George also look at the latest UK inflation data and what it says about the trajectory of the economy.

Matt Henderson, Portfolio Manager, looks at the most recent earnings report from technology company Nvidia and the market reaction. Nvidia is now the most valuable stock in the world, up over 200% this year alone, but can it maintain its position?