February proved disappointing for markets, as stronger economic data crushed expectations of falling inflation and an early pivot in interest rates. Central bank rhetoric has become more hawkish and higher terminal interest rates are now forecast.

Sometimes good news on growth is seen as bad news by markets. Today we discuss the prospects for more buoyant western economies, boosted by the reopening of China. We also review our Tactical Asset Allocation in response to an increasingly uncertain outlook.

Presented by Niall McDonnell CFA, Senior Investment Manager and Thomas Vogl CFA, FRM, Senior Investment Analyst. Hosted by Lorna Denny, Investment Specialist.