- November was a good month for equity and bond markets.
- Many investors now expect the Federal Reserve to start cutting rates next Spring.
- US unemployment figures are out later this week – we’ll be keeping a close eye on the data. Will the Sahm rule be triggered?
- With inflation easing rapidly, interest rate cuts in Europe could well match those expected in the US.
- Inflation is falling more slowly in the UK however, so the Bank of England could keep rates higher for longer.