January 22, 2021—On November 9, 16, and 23, three vaccine manufacturers announced surprisingly positive results in Phase-3 trials of their COVID-19 vaccines. Global equity markets quickly repriced “economic reopening” stocks on the back of this news.
December 22, 2020—Throughout 2020, European leaders, including UK leaders, have been developing a fiscal framework for accelerating the region’s emergence from the COVID-19 recession. At the same time, they have been laying the groundwork for a “Green and Digital Transition”, which they view as a foundation for longer-term economic growth.European politicians often speak about defending and promoting “European values.
Will the UK and EU Reach a New Free Trade Agreement?September 21, 2020—UK Prime Minister Boris Johnson recently introduced the Internal Market Bill (the Bill) into Parliament, which conflicts with the UK-EU divorce agreement (officially the withdrawal agreement). The Bill threatens to derail ongoing UK-EU negotiations on a free trade agreement (FTA) and has also provoked widespread outrage (in the UK, EU, and even the U.S.
August 31, 2020 — Citing a debilitating health condition, Shinzo Abe has resigned as Japan’s Prime Minister (PM) after eight years in office, and with one year remaining before the next general election. His resignation becomes effective once his Liberal Democratic Party (LDP), the dominant political party in Japan, selects a successor. During his eight years in office, PM Abe’s government had pursued policies that promoted corporate earnings growth and shareholder returns.
August 5, 2020—Chinese stocks, as captured by the MSCI China Index, have risen and comprise almost 40% of the market capitalization of the MSCI Emerging Markets Index. This Wilmington Wire addresses a question that has been posed by some investors: Should investors carve China out of their emerging markets allocation?There are two sets of investors asking this question.