Wastage and the ever-growing carbon footprint of the fashion industry make it one of the most pollutive in the world. Around 100 billion apparel items are sold each year, which is about a 50% increase versus 20061, largely due to the rise of “fast fashion” – cheap, high-fashion items.
The coronavirus continues to introduce uncertainty, but investors should expect cyclicals to outperform in the first half of the year. Here we identify key catalysts for equity markets.
What is your assessment of the macro economic backdrop?
Growing fears of more persistent inflation led to correlated declines in both equity and fixed income markets in September. What’s driving the inflationary pressures and what can we expect as we head into year end? Investment Specialist, Kirsty Clark reviews recent market performance and the current economic backdrop.
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