GAM's Active Thinking 10 May 2024
At GAM Investments, our purpose is to protect and enhance our clients’ financial future. As part of this, we are constantly challenging ourselves to think beyond the obvious. In the GAM Explains series, we outline and explore key industry developments, concepts and less well-known asset classes.
Latest from Charles Hepworth blog:
A sharp bounce in UK Gross Domestic Product (GDP) over the first quarter of this year, showing 0.6% growth – the fastest in two years - was way ahead of economists’ expectations and confirms the modest recession the UK experienced in late 2023 is over...
Forecasting central bank action is getting predictably boring these days. No change in rates was expected from the Bank of England (BoE) and no change was duly delivered. At the previous meeting one member voted for a cut (Swati Dhingra) and eight voted to hold, whereas at this meeting another member shifted to cutting territory (Dave Ramsden) while seven stood firm...
For more expert insights visit our website gam.com/our-thinking.