The Monday Briefing
A succinct and eclectic weekly take on economics and finance from Ian Stewart, Deloitte's Chief Economist in the UK
Who made money in 2019?
2019 was a good year for financial markets and investors, with global equities up 27% over the course of the year. All major asset classes ended 2019 up on the year and risk assets were clear outperformers.
2020 global economic outlook
This week’s Monday Briefing offers a view on prospects for global growth in 2020. We also review the findings of the latest survey of UK Chief Financial Officers which show a post-election surge in business confidence. A copy of the CFO Survey can be found at: https://www2.deloitte.com/uk/en/pages/finance/articles/deloitte-cfo-survey.html
What happened over the Christmas holidays
This week’s briefing looks at some of the big economic events of the last month or so. As a result we have dropped our usual news section this week. We will release our full year-ahead view for the UK and global economies next Monday, 13 January.
And finally…
Here, to mark the start of the Christmas week, are twelve of our "and finally" news stories from the Monday Briefing in 2019. The Monday Briefing is taking a break until Monday, 6 January. In the meantime, the Deloitte Economics team wish you a merry Christmas and a happy New Year.
Thoughts on the UK general election
Boris Johnson’s 80-seat parliamentary majority has transformed the UK political scene. What does it mean for business and the economy? As always what follows is a personal view.
What to read this Christmas
We are publishing our annual Christmas reading list today. It aims to offer a thought-provoking break from the rigours of Christmas. All are available free and online. You can save these articles on your smartphone's or tablet's reading list. To print any use the print icons, where available, on the webpages to ensure the whole article comes out.
Christmas Quiz
Our Christmas quiz offers an eclectic test of knowledge of economics and business. The answers and a brief explanation of the factors at work are at the end of this note.
What’s the purpose of a company?
Expectations of business change over time. The tax and regulatory environment shift with the political cycle. Society’s expectations change too, and in recent years they have risen.
The size of the UK state
While they disagree on many things, the UK’s Labour and Conservative parties seem to favour an expansion in the state – though to very differing degrees.