Truisms are, by definition, things that we either know or believe to be true. In life there are many things we take at face value as being true without seeking out evidence to affirm (or contradict) those beliefs. So let’s consider one of greatest truisms in life (and investing): “Do not put all your eggs in one basket”. Could it be the case that this old … [Read more...] about Do put all your eggs in one basket….!
Policymakers in Beijing cannot afford to allow pollution to undermine economic and social welfare. It offers a structural driver that smart investors can take advantage of. Next year will mark the latest milestone in China’s drive to reduce its carbon footprint if it can consolidate its position as the world’s top importer of natural gas, having just overtaken Japan.The … [Read more...] about China’s long green march
2018 was a challenging year for investors. Two factors were instrumental in delivering this outcome: disappointment with global growth and less cash flowing through the global economy (tighter liquidity). These factors will continue to influence markets in the year ahead. We have identified three key themes that will prove important for investors in 2019. We also discuss … [Read more...] about Three themes for 2019 – and some black swans
The official forecasting agencies such as the IMF and the OECD are expecting 2019 to be another reasonable year for the global economy, but growth is expected to ease somewhat and the risks are correctly deemed to have been heightened considerably. The key global risk factors in 2019 are likely to include: Growth in the US, UK and Euro Zone is likely to continue to … [Read more...] about Economic outlook for Ireland in 2019
We join an annual client meeting at a mythical advisory firm that bears only a passing resemblance to our own. Advisor: Good morning, Mr Smith, it has been a year since we last met and I thought now would be a good time to go through our annual review of your finances. Client: Fair enough, let’s start with Brexit; what are your ideas of how to avoid losing money. I read … [Read more...] about Brexit and financial advice