Category Archives: Insights

Views at a glance – February 2025

The economics of AI and trade tariffs give investors pause for thought. Tech and tariffs trigger higher volatility Global equities remain close to all-time highs, but investors’ optimism is being tested. The first big surprise of the year came when a Chinese artificial intelligence (AI) company revealed that it had created a Large Language Model comparable […]

Green Macro Newsletter February 2025: EV tariff war and developments in carbon pricing policies

Schroders’ quarterly briefing on the economic impact of climate change, the energy transition and natural capital. Welcome to the quarterly Green Macro Newsletter, where we present recent news, internal and external research on topics covering the economic impact of climate change, green energy transition, and natural capital. In this newsletter we focus on recent developments […]

Trump’s on-off tariffs: the potential effects in the US and elsewhere

Trump’s aggressive use of tariff threats is rattling markets. Our economists consider the possible impact. Global shares fell on Monday 3 February and the dollar rose following news that the US planned to apply tariffs to goods from Mexico, Canada and China, starting from Tuesday 4 February. Later the same day, news emerged that the […]

Direct equity market musings: Back to the future

We look at five key characteristics that have allowed businesses to achieve incredible success in the past – and will allow them to thrive for years to come. To listen to this article as an AI-generated podcast, click below. This recording was created in minutes using NotebookLM, an AI-assistant powered by Google’s Gemini 1.5 Pro […]

Energy transition under Trump 2.0: misconceptions vs. realities

Fears about the adverse impact the Trump administration will have on the renewable energy sector in the US may be overstated. Key takeaways When assessing the impact that Donald Trump’s second term in office could have on the renewable energy sector, there are several key points, along with a few caveats, to bear in mind. […]

DeepSeek disruption highlights need for resilient portfolios

While the impact of DeepSeek’s innovative approach to AI is yet to be fully understood, highly concentrated markets had become vulnerable to a pullback. Stock markets suffered a sell-off on Monday 27 January as China’s DeepSeek claimed new advances in the field of artificial intelligence. DeepSeek says it has trained a generative AI chatbot at […]

The two key risks facing investors

More resilient portfolios are needed to tackle the challenges of rising bond yields and market concentration. In the middle of 2024, my mantra was “don’t overthink it”: positive nominal growth and interest rate cuts were supportive of equity markets, even against the backdrop of stretched valuations in the US.  Moving into 2025, I maintain that […]

US economy and markets: what’s the state of play as Trump takes office?

As President Trump begins his second stint in the White House, our investment experts consider the current state of the US economy and the stock and bond markets. With Donald Trump taking office, investors need to pay attention to which campaign trail promises become policy priorities. This will have implications for the economy, equities and […]