Friday 21st May, 2021 ________________________________________ We are coming to the end of a highly interesting, if somewhat unsettling, two-week period for markets as various forces – from economic data to celebrity tweets – have pulled risk assets in just about every direction. It all kicke...
Friday 7th May, 2021 ________________________________________ Markets have suffered a correction this week amid concerns about the scale of the coronavirus outbreak in Asia and Latin America (where the pandemic has been rampaging non-stop). And the drawdown only intensified on Thursday after Pres...
Friday 23rd April, 2021 ________________________________________ Markets have suffered a correction this week amid concerns about the scale of the coronavirus outbreak in Asia and Latin America (where the pandemic has been rampaging non-stop). And the drawdown only intensified on Thursday after P...
Friday 9th April, 2021 ________________________________________ March was another strong month for equities as investor optimism about the pace of the global recovery from covid-19, and Biden’s massive (now totalling $5tn) fiscal splurge, buoyed developed market assets in particular, and the ro...
“Prediction is very difficult, especially if it is about the future.” – Niels Bohr Friday 5th March, 2021 ________________________________________ It has been a choppy period for markets since our last newsletter two weeks ago, with a rise in interest rates being the dominant narrative. The...
Friday, 19th of February 2021 “Like Liberty, gold never stays where it is undervalued.” – John S. Morrill ________________________________________ Rates are rising in America, as long-dated treasury bonds in particular sell-off and investors rotate into riskier assets expected to benef...
Friday, 5th of February 2021 “Without data, you’re just another person with an opinion.” – W. Edwards Deming ________________________________________ Price volatility has returned to equity markets in the past two weeks, as retail investors active on online message boards took on major eq...
