The political party of long-standing Turkish leader, Recep Tayyip Erdoğan, lost its majority in the 7th June Turkish elections. While it remains the largest single party, the result appears to put an end to Erdoğan’s ambition of a radical constitutional change that would allow him to turn Turkey into a presidential state. In this article, we look at the political uncertainty facing Turkey, and the effect it has had on its economy as the country tries to reach its full potential.
In the current low interest rate environment, private equity managers may be well-positioned to take advantage of attractive opportunities.
One of the biggest conundrums puzzling economists in the aftermath of the financial crisis is why wages have not kept pace with rising levels of employment. Although wages have been slow to pick up in recent years, we see enough evidence to suggest that employers will have to start paying their employees more, if they are to attract and retain talent over the coming years.
The Chinese stock market has more than doubled in the past year, and has already risen by over a third year-to-date. Is the market is now in bubble territory?
We’re all familiar with the age-old adage “money doesn’t grow on trees,” but it doesn’t come from the bank of Mum and Dad either.
Seven years on from the banking crisis in the UK, the economy is showing strong signs of recovery. However, the election on 7th May promises to be one of the more unpredictable in recent memory. In this article, Conall Mac Coille, Davy’s Chief Economist, outlines his view on what the election may bring and assesses the health of the economy.
The upcoming general election in the UK could have implications for the UK’s relationship with both the EU and Ireland. In this article, Robbie Kelleher, Senior Investment Strategist, examines the likelihood of a referendum on the UK’s membership of the European Union and the potential impact that a British exit (or ‘Brexit’) would have on trade with Ireland.
As the UK prepares for a tightly-fought general election next month, investor attention is likely to focus on the threat that political instability could have on the British pound. In this article, David Hillery, Investment Strategist, looks at sterling’s turbulent past and some episodes of weakness over the last four decades.
We all know that money doesn’t grow on trees, but what are we teaching our kids about how to manage it?
Towards the end of January the ECB announced a Quantitative Easing ('QE') programme worth €60 billion per month. This begs the question as to what is QE, what are its consequences and will it work in Europe. In this article Investment Strategist David Hillery delves into the workings of the asset purchasing programme and what effect it is likely to have in the Eurozone.