Latest news with #InvestmentManagers
Bloomberg
a day ago
- Business
- Bloomberg
The Bull Market Is Being Powered by Stocks Outside the US
The never-ending back and forth on tariffs. An escalating war in Ukraine. Growing concern about the US's mounting debt and deficits, and a congressional budget process that seems unlikely address the problem. Sounds like a recipe for a bear market, and yet global stocks just hit an all-time high. The MSCI All-Country World Index is up 5.6% this year, surpassing its record from February. 'The trade tariff drama is now increasingly seen for what it is: a massive trade uncertainty rather than a trade crash,'' said Florian Ielpo at Lombard Odier Investment Managers. 'Looking beyond this white noise, markets are now focusing again on the present situation, which is actually not too bad.'
Bloomberg
7 days ago
- Business
- Bloomberg
Bailey Discusses Fours Points on State of Trade
Bank of England Governor Andrew Bailey spoke at the Irish Association of Investment Managers Event in Dublin. He shared four points on the current state of world trade saying 'something has gone wrong' with the multilateral trade system and that the World Trade Organization cannot be abandoned. (Source: Bloomberg)
Bloomberg
29-05-2025
- Business
- Bloomberg
BOE's Bailey Urges Closer EU Trade to Reverse Brexit Damage
Bank of England Governor Andrew Bailey has urged the government to strike a deeper trade deal with the European Union to improve growth and 'minimize negative effects' of Brexit. In the text of a speech to be delivered at the Irish Association of Investment Managers in Dublin later Thursday, Bailey said 'the evidence on Brexit suggests that the changing trade relationship has weighed' on the UK economy by putting up barriers and hampering productivity.
