Coutts Wealth Watch - "Spending cliff" looms for US economy

No sooner has the US economy averted one precipice, the “fiscal cliff”, than it faces another – the “spending cliff”. While we remain cautious near term, we don’t believe this undermines the case for equities. We view r


Coutts Wealth Watch - Bond bear market?

A bear market has potentially broken out in US government bonds, and our favoured response is to continue to rebalance portfolios towards equities.


Soaking the rich won't work

Governments that are raising tax rates on the wealthy to plug budget holes are doomed to disappointment.