Friday, 7th of September 2018 It is Friday ahead of Rosh Hashana, the Jewish New Year. A good time to wish you all a happy New Year! We find ourselves under troubled skies full of thunder and lightning, primarily of the emerging-markets type… Let’s hope that by Monday the fresh year will f...
Friday, 26th of October 2018 It is the last Friday of October, a month notorious for humbling investors and markets. This October has only added to this notoriety… As Q3 earnings parade keeps rolling-in, we feel vindicated that as we had expected, results are both better than had been expected ...
Friday, 2nd of November 2018 We are into November. At last, out from the nasty storms of October. Clearly a month best forgotten. The adage “Sell in May and go Away” whilst often wrong, it does rhyme. “Sell in September and go in a Slumber” may well have been better advice… The problem...
Friday, 21st of December 2018 It is Friday, the last one before Santa Claus is scheduled to arrive from his abode in the Nordics. “His” classic rally has a day and a half to materialise… and a few more till the new year. As Gatwick airport has reopened after the drone threat of yesterd...
Friday, 14th of December 2018 Friday again, inching closer to year-end and the close of what has been a rather strange year where much movement made little sense. Although the futures are indicating a lower opening for equities, we remain hopeful that Santa will be able to restart his engin...
Friday, 7th of December 2018 Friday again and we are closing-in on the last stretch of trading for 2018. Very unusual markets across all asset classes. Some perspectives are required here. The DJIA which closed yesterday at 24,947 had opened the year at 24,809. Only a 0.50% move and a pos...
Friday, 30th of November 2018 With all the market movements and political noise, we did not notice that, yet another month has gone by. Yes, November is expiring today and believe it, we will all be in December on Monday. A truly meaningless observation but it is THE holiday season. We are ex...
