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INVESTMENT BLOG
The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More
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
Feb 1, 20175 min read
2017 Investment Outlook
From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. My job is to...
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Peter Elston
Jun 30, 20166 min read
Key Questions in the Aftermath of the Brexit Vote to Leave
There is much that can be written about the referendum result. Indeed, much already has been. I shall try to keep this simple and focus...
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Peter Elston
May 31, 20162 min read
Employment Watch
May’s non-farm payrolls of 38,000 came in well below expectations of 160,000. Furthermore, April’s payrolls were revised downwards from...
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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, 20162 min read
Inflation Watch
It is interesting that despite rising concerns about the outlook for global economic growth in recent months, there has been no...
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Peter Elston
Mar 1, 20161 min read
Inflation Watch
Perhaps the most important number coming out of the developed world was Europe’s February inflation turning negative. This prompted...
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Peter Elston
Feb 1, 20162 min read
Inflation Watch
There are very tentative signs of improvement in inflation numbers around the world (improvement could mean it either rising if it is too...
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Peter Elston
Dec 1, 20151 min read
Inflation Watch
What is particularly notable at the moment is that inflation almost everywhere is lower than desired. The only place where inflation is...
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Peter Elston
Oct 1, 20135 min read
QE: an Addiction that is Proving Impossible to Break?
Austrian-born restaurateur Wolfgang Puck was an unusual but highly entertaining speaker at an investment conference I attended recently....
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Peter Elston
Mar 1, 20133 min read
Government Bonds: A Game of Chicken?
Over Chinese New Year I went trekking in Nepal. On the long drive to the starting point we were held up at a roadblock by villagers who...
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Peter Elston
Aug 1, 20085 min read
Trouble in Asia
Overview What is going on in Asia? Stock markets in the region have fallen much more than those in developed markets, and yet economic...
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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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