February 8, 2019— This week, China enters the Year of the Pig, which in the Chinese calendar is supposed to bring prosperity and wealth. Therefore, it’s worth contemplating the prospect for share price increases for the stocks comprising the MSCI China Index. One key measure of the attractiveness of Chinese stocks is the current discount of MSCI China Index to the aggregated analyst’s price target for the index.
December 21, 2018 – The UK is scheduled to exit the EU on March 29, 2019. During the two years since the original UK withdrawal notification, businesses have been preparing for two scenarios: either a negotiated transition to a future free trade agreement or a disorderly departure. Until mid-November, given the troublesome issue of the land border between Northern Ireland and Ireland, it was unclear whether the UK and EU would actually be able to conclude such a Withdrawal Agreement.
July 13, 2018—The unresolved issue of Brexit—the UK’s exit from the European Union (EU)—continues to present ongoing uncertainty for the UK and broader European equities. Markets have already priced in much of this uncertainty. If the UK fails to conclude an agreement with the EU on post-Brexit arrangements, we believe equities will be negatively repriced. If the U.K.