Keeping up to date with Gavin Management Group.

Newsletter: Volume 14, Issue 3, July 2017

Trump/Reflation Trade Begins to Unwind – International equities delivered a solid quarter as growth in Europe and a resurgence of interest in Emerging Markets helped propel gains. European economies have been resilient in the face of disintegration risks, generating growth near 1.5% per annum and higher headline inflation. Meanwhile, Emerging Markets have benefitted from profit …

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Newsletter: Volume 14, Issue 2, April 2017

Solid Start to 2017 – Global equities delivered solid gains in the first quarter amid an upswing in global economic data and continued optimism for fiscal reform. US equities advanced to fresh all-time highs, supported by improving manufacturing activity and wages, the end of a corporate earnings recession (five-quarter slump) and finally President Trump’s plans …

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Newsletter: Volume 14, Issue 1, January 2017

Trump Win Sends US Market to Record Levels – North American equities ended 2016 on a high note.  Donald Trump’s Presidential win, a rate hike and a pickup in global economic activity were catalysts for risky assets. The US election sent US stocks (especially small-capitalization companies) surging while a strengthening US dollar pressured emerging markets. …

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