GAM's Active Thinking 19 July 2024
Julian Howard, GAM’s Chief Multi-Asset Investment Strategist, outlines his latest multi-asset views, exploring how the US is becoming increasingly immune to the world’s mounting geopolitical and economic challenges, despite contributing to them.
Amid ongoing investor fervour for artificial intelligence (AI) stocks, Wendy Chen discusses her key takeaways from the COMPUTEX Taipei IT trade show, and shares her take on how the latest tech developments square with elevated valuations across the sector.
Latest from our Investment blog:
Headline inflation in the UK flatlined for the month of June, with consumer prices up 2.0% on the previous year, just as they had been for the month of May. Expectations were for a softer print below the Bank of England's (BoE) official 2.0% target for the first time since 2021, which would have signified at last 'proper' post-pandemic inflation normalisation, but that moment appears to have been delayed...
The European Central Bank (ECB) predictably left interest rates unchanged today, with markets generally feeling that strong real wages and economic growth would result in no further cuts this year following the last decision in June...
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