“Trade wars are good and easy to win” (Donald Trump, March 2nd, 2018) In 2009, in an effort to slow the growth in imports that the United Steelworkers’ union blamed for thousands of American job losses, President Obama approved a near nine-fold increase, from 4% to 35%, in the US’s tariff on Chinese-manufactured car tyres.
I recently returned from an investment forum hosted in London, at which various fund managers and investment professionals presented on technology and innovation as a disruptor within industries and economies. One presentation was of particular interest, not least because it combines two themes we have implemented within our private client models: technology and India. We
In what many consider will the last of his budget presentations, South Africa’s Finance Minister Malusi Gigaba, who is accused of state capture and rumoured to be one of the cabinet ministers who will soon lose his job, presented a surprising and far better than expected budget. Within that budget, he increased Value Added Tax
Looking back at last week’s long-expected correction (remember trees don’t grow to the sky, much like, markets don’t go up in a straight line forever!), I suspect there are a number of inexperienced market participants who have not only had their egos dented, but also likely to have suffered long-lasting damage to both their capital
Blair Campbell answers questions on the quarterly offshore market report and performance during Q4-2017 and the outlook for Q1 2018. Blair is a member of the MitonOptimal Investment Management team and a member of the MitonOptimal Investment Management Committee. Read the full written quarterly report by Shaun McDade.
When I began my career in this industry, back in the mid-1980s, the investment world was a simple place. In terms of the information available to a budding portfolio manager, the height of cutting-edge sophistication was a small TV, tuned to BBC Ceefax (the world’s first teletext service) on which the latest figures for FTSE