Friday, 16th of October 2020 “Nothing is so permanent as a temporary government programme.” – Milton Friedman ________________________________________ The pandemic continued to ravish the US, Europe, and much of EM Asia this week, driving significant dispersion across (and within) equi...
Friday, 2nd of October 2020 “You never know what worse luck your bad luck has saved you from.” – Cormac McCarthy ________________________________________ Trump finally has coronavirus. For a man who takes so many flights, holds so many rallies, and shakes so many hands in his role as...
Friday, 18th of September 2020 “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” – Benjamin Graham ________________________________________ Markets have been very mixed this week with participants unsure of how to interpret a confusing ...
Friday, 25th of September 2020 “To reach a port, we must sail – sail, not tie at anchor – sail, not drift.” – Franklin D. Roosevelt ________________________________________ Stock markets continued to decline this week as concerns about the coronavirus winter wave underway in Europe c...
Friday, 17th of April 2020 “But what does it mean, the plague? It’s life, that’s all” – Albert Camus ________________________________________ Markets fell off a cliff last month as panic over the spread of covid-19 sparked a vicious cycle of portfolio deleveraging and the biggest c...
Friday, 21st of August 2020 “The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher ______________________________________ Equities have seen mixed performance this week as concerns over US trade policy and the ‘phase ...
Friday, 7th of August 2020 “When things go wrong, don’t go with them.” – Elvis Presley ______________________________________ August has been a good month for equities so far. Ahead of the Friday market open, the S&P 500 Index is up +2.4% this week, following on from strong performance...
