Insights & News - EFGAM New Capital

MFN - All change in the UK: massive Labour gains despite limited vote share

High and persistent services inflation in the US has prevented overall inflation from returning to the Federal Reserve’s 2% objective. In response, the Fed has postponed interest rate cuts. To assess the prospects for services inflation, Chief Economist Stefan Gerlach looks at the behaviour of consumption spending on services.

05 July 2024

Labour victory – What can the UK economy and markets expect?

Labour will be inheriting one of the weakest government positions from a financial perspective in decades – high debt, high tax burden, limited fiscal headroom, and low growth. On top of this there is the world’s deglobalisation trend, the green transition, and increasing protectionism to contend with. Labour has moved notably more centrist in its standing under Starmer, who has spent the last few months purging the party of its more radical left members.

05 July 2024

Mega-cap tech strength continues to fuel gains

Inview - In this publication we consider significant developments in the world’s markets, and discuss our key convictions and themes for the coming months.

03 July 2024

MFN - All change in the UK: massive Labour gains despite limited vote share

Labour victory – What can the UK economy and markets expect?

Mega-cap tech strength continues to fuel gains

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