First Vice President - Financial Advisor, Portfolio Director
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Financial markets need the reopening of the Strait of Hormuz. This would permit inflation to subside, keep bond yields in check, head off a renewed central bank tightening cycle, and improve the prospects for corporate earnings.
Read more in Global Insight Monthly
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UK equities face political headwinds, but sector composition offers hope. UK inflation risks remain contained.
The Middle East conflict weighs on European stocks, but structural tailwinds present an opportunity. The European Central Bank is hawkish despite growth risks.
