In our 2016 third quarter commentary, we take a look at following topics:
- Brexit wasn’t the only bump in the road that global markets were forced to navigate; in fact, political uncertainty was the dominant theme of the third quarter.
- One of the most important developments has been in the world of central banking when the Bank of Japan (BoJ) unveiled a radical re-write of its monetary strategy.
- The list of potential market moving events is long for the fourth quarter – but headlining the list is the US election which has the potential to underwhelm and overexcite even the most seasoned investment professional.
- As we move toward year-end we see fiscal policy becoming a prominent theme in the market’s thinking and believe concerns around building financial imbalances within China could weigh on market sentiment.