The damage of delaying deals

| Apr 5, 2019 at 12:00 AM

* US President Trump has promised that a trade deal with China will be “epic”. China has said there is “a consensus”. But there is not, in fact, a deal. A deal is not likely before May. While financial markets may anticipate a deal, companies are likely to delay investing with this much uncertainty. That […]

Getting physical: assessing climate ris…

BlackRock Investing | Apr 4, 2019 at 12:00 AM

A series of recent extreme weather events — from hurricanes and wildfires in the U.S. to heat waves in Europe and floods in Japan — have put a spotlight on climate-related risks. We offer a new set of tools for assessing such risks to portfolios. Mapping the damage Estimated climate-related impact on U.S. regional GDP, […]

Investors Underappreciate Climate-Related Risks in Their Portfolios – BlackRock Report

BlackRock | Apr 4, 2019 at 12:00 AM

Leveraging Advanced Data and Analytics New Report Examines the Physical Risks Associated with Climate Change on Municipal Bonds, Commercial Real Estate and U.S. Utilities Integrating Sustainability Factors into Investment Research Process is Critical to Risk Management New York, April 4, 2019 – Investors are underpricing the impact of climate-related risks, including more frequent and intense […]

Deal or no deal?

| Apr 4, 2019 at 12:00 AM

* The enticing prospect of a US-China trade deal was dangled before the financial markets yesterday in an attempt to get equities to rally. The wild swings in equities over the past several months owe much to US President Trump’s trade taxes. Trump is to meet the Chinese vice-premier today. Risks are biased. Keeping trade […]

Don’t count on Brexit closure yet

| Apr 3, 2019 at 12:00 AM

Sterling rose around 1% against both the US dollar and the euro after UK Prime Minister Theresa May indicated she would seek support of the opposition Labour Party in forging a Brexit deal.

Taxing times for equities and economists

| Apr 3, 2019 at 12:00 AM

* US President Trump’s trade taxes hurt US listed companies. This caused the equity market to underperform the economy dramatically last year. Hopes of an end to those taxes have caused a remarkable equity rally this year. Now Chinese Vice Premier Liu arrives in Washington to try and do a deal. Markets already expect a […]