Geoff Lewis
Geoff Lewis
Geoff Lewisis a Welsh retired jockey who was born in Talgarth, Breconshire...
extreme huge looking
Looking back, there was a huge bubble. We don't have anything like those extreme valuations now.
becoming deflation economic economy ending equity exit market means monetary normal plus policy recovery
Ending super-easy monetary policy is a big plus for the equity market because it means economic recovery is going to be sustained, the exit from deflation is for real, and the economy is becoming a more normal economy.
equity european fully global pleasantly stay surprised
We'll be pleasantly surprised by Japan, we'll be pleasantly surprised by European data, so in a global equity portfolio, stay fully invested.
data economy employment expansion gradually picking rather wage
It's a steady, rather than explosive, expansion in the economy with the employment and wage data gradually picking up.
catch direction interest markets run scholars-and-scholarship strong time
There's considerable nervousness about the direction of interest rates. After having such a strong run earlier, markets need some time to catch their breath.
chance developing indonesia storm tea
This Indonesia thing is a storm in a tea cup. I don't see any chance of this developing into a 1997 crisis. Asia's made too much progress.
china competition earnings example facing producers rest unlike
Their earnings have been disappointing, unlike the rest of the market. They are facing more competition from low-cost producers elsewhere, for example in China and Korea.
consumers higher less levels oil price pushes spend tax
A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to spend less on everything else.