The inflation trend still points upwards
In our latest episode, Mark Winterburn is joined again by Senior Portfolio Manager, Dawn Li Wan Po, to discuss what’s happening in markets. Today the conversation starts Q3 earnings season, which is proving to be much better than initially expected – particularly after the previous two outstanding quarters. Data which is coming in below expectations, however, is the Chinese GDP statistics and we provide some context as to why this is and where the investment opportunities lie within China. We then move on to discuss where they would be looking for yield in the fixed income space – highlighting that now is probably not the time for investors to be chasing yield at the expense of credit quality. And finally, with inflation concerns continuing to dominate headlines, we look closer to home and what the Bank of England is indicating when it comes to interest rates.