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INVESTMENT BLOG
The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More
Peter Elston
Jan 6, 20236 min read
Do Not Let Your Comfortable Retirement Slip Away
Now is the time for a truly bold asset allocation
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Peter Elston
Jul 19, 20223 min read
The Age of Scarcity
The developed world has had it good for too long
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Peter Elston
Sep 30, 20213 min read
When the Fun Stops...
How can young people be helped to reach this epiphany sooner?
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Peter Elston
Nov 1, 20203 min read
Asia is for Long-Term Investors
Asia Pacific countries excluding Japan comprise 13% of the MSCI All Country World index. Given that they account for over 50% of the...
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Peter Elston
Aug 31, 20193 min read
EM Investing Still Pays Dividends
I feel very fortunate to have had the opportunity to live and work abroad for a number of years. Tokyo, Hong Kong and Singapore were not...
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Peter Elston
Jan 1, 20194 min read
Review of 2018 Fund Performance
From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. As it’s the...
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Peter Elston
Jan 1, 20197 min read
2019 Investment Outlook
From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. 2018 was looking...
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Peter Elston
Jul 31, 20184 min read
Review and Outlook
Equity markets were generally strong in July, as investors appeared to shrug off fears of a global trade war. US and Eurozone equities...
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Peter Elston
Apr 30, 20183 min read
Review and Outlook
Although April saw equity markets look a little perkier, following a period of weakness that began in mid-January, it also saw safe haven...
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Peter Elston
Apr 30, 20185 min read
Secular Stagnation? Or the Optimistic View?
From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Since the Great...
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Peter Elston
Mar 1, 20183 min read
Monthly Review and Outlook
February will be remembered for the sharp fall in equity markets across the world at the beginning of the month. Our view was at the time...
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Peter Elston
Feb 1, 20183 min read
Monthly Review and Outlook
January on the whole saw economic data releases that were consistent with key economies either having entered expansion phase or...
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Peter Elston
Jan 1, 20183 min read
Monthly Review and Outlook
December saw a number of key economic data releases indicating continued strength across both the developed and emerging worlds. Latest...
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Peter Elston
Dec 1, 20174 min read
Macro and Markets Monthly
From an economic perspective, November was in many respects a repeat of October. On the whole, macro data supported our belief that...
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Peter Elston
Nov 1, 20173 min read
Macro and Markets Monthly
There were few signs during the month of October that the global economic improvement of late was starting to stutter. Labour markets in...
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Peter Elston
Dec 1, 20164 min read
A Selective Approach to Investing in Asia
I was fortunate to have spent twenty or so years working in Asia. It has been – and continues to be – the highest growth region in the...
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Peter Elston
Jul 31, 20163 min read
Secular Stagnation and the Natural Rate of Interest
One of the most interesting features of global financial markets over the last 20 years has been the inexorable decline in long-term real...
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Peter Elston
May 31, 20162 min read
Inflation Watch
Core inflation rates in the developed world have been fairly stable in recent months at around the 1.3% per annum level (see Chart 1)....
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Peter Elston
Apr 30, 20161 min read
What are OECD Leading Indicators Telling Us?
The OECD calculates leading indices every month for a large number of countries. Chart 5 below shows the year-on-year change in the...
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Where's My Cycle?
An update on where I think we are in the business cycle with respect to growth, inflation and markets
Correlation or causation?
Data is too often presented in an unfair, unclear and misleading way
Dear John
Liontrust's John Husselbee's arguments in support of balanced funds are lame
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