Pegasus Capital

Blog With Tag pension funds

All Blog Entries » Blog With Tag: pension funds

A View from the Bridge - July 2016

Data output for July was never going to be anything but dramatic after the Brexit result but it wasn't the UK grabbing the headlines. US seasonally and inflation adjusted annual GDP growth of just 1.2% in Q2 was the weakest pace in any expansion period since 1949! This was at odds with some of the more positive news as consumer spending remains strong, home sales have hit a post-recession high and 287 thousand new jobs were added but reduced business investment, large reductions in inventories and declining Government spending have clearly knocked economic output. The likelihood of a September rate hike has reduced to 12% and US long term rates have hit the lowest in their 227 year history.

PegasusCapital - Thu 4th Aug

A View from the Bridge - May 2018

The Bank of England left interest rates unchanged at its May meeting. Markets had largely written off any probability of an increase following the BOE Governor’s BBC interview in late April where he alluded to weaker Q1 growth and Brexit uncertainty delaying the prospect of higher interest rates. The inflation report itself provided very little in terms of guidance as to the timing of the next interest rate increase, forecast inflation was revised down slightly due to the lower than expected outturns since the last forecast round.

PegasusCapital - Mon 18th Jun