A monthly round-up of global markets and trends
INVESTMENT REVIEW - POLITICAL LEADERSHIP IN THE SPOTLIGHT
Uncertainty about the global economy should begin to lift in
November with the US presidential election and confirmation of
China's new political leadership marking an important new phase
for financial markets.
World
Political uncertainty, combined with mixed corporate earnings
and poor company earnings guidance, has meant that markets have
generally been choppy and range-bound for a while, awaiting a new
sense of direction. In the US, some of the uncertainty is now
likely to have lifted as Barack Obama and his administration
prepare for another four years in office. The hope is that the
landscape will be clear enough for companies to begin investing the
cash on their balance sheets and provide the US economy with
another potential avenue for growth.
