Outside of the Olympics, there is no good news.

Data analysis has quickly moved from fear of sticky inflation to talk of recession and suggestions the Fed and other central banks are behind the curve and thus too slow to cut interest rates.

Clearly when the jobs market starts to weaken it is hard to stop. The Fed will now become attentive to both sides of its dual mandate of price stability and economic growth. Economists will all tell you if the Fed waits until clarity on unemployment and inflation before cutting rates, it will be too late.

Don’t be surprised if most central banks move aggressively in cutting rates imminently.

What are our current main investment strategies?

• The recent introduction of Investment Grade and long dated Gilts e.g. iShares Over 15 Years Gilt Index.
• Our overall significant skew to value style equity funds e.g. JOHCM UK Equity Income & Lightman European.
• Global Infrastructure e.g. FTF Clearbridge Global Infrastructure.
• Gold & Silver e.g. Jupiter Gold & Silver & iShares Physical Gold.
• Unhedged Japanese exposure (expect Yen appreciation after years of weakness) e.g. Nomura Japan Strategic Value.

We have written articles on these strategies in detail in the past, if you wish to revisit these, they can be found in our literature library on our website.