The Lowdown on Markets to 28th July 2017
In this week’s issue:
- The Trump inflation trade begins to lose momentum as geo-political risks heighten.
- US technology and tobacco stocks retreat over the week on a backdrop of uncertainty.
- The price of crude oil continues to climb on signs that the global glut might be easing.
- An optimistic outlook for corporate earnings for 2017 keeps equity markets buoyant.
- The dollar remains weak against other leading currencies helping to push gold higher.
- Whilst equity markets are showing signs of fatigue they remain on an upward trajectory.
“US technology and tobacco stocks retreat whilst crude oil prices rally”
Peter Lowman, Chief Investment Officer
Peter Lowman has been in investment management for over forty years and prior to becoming Chief Investment Officer for Investment Quorum, he worked within a larger asset managers, primarily as an Investment Director with Cazenove’s. He is responsible for the overall investment strategy for Investment Quorum clients and sits on the Investment Quorum Committee.
This article does not constitute specific advice and investors should bear in mind capital invested is not guaranteed. Investment Quorum is authorised and regulated by the Financial Conduct Authority.