Fixed Income
Government Bonds, conventional and linkers, have been the safest of havens this year, posting strong returns...
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Technophile or Technophobe?
The stock market has been very rational in rewarding the winners (tech, healthcare) and pounding the losers (energy, banks). But has this gone too far?...
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Market Outlook…Be prepared
The investment contradiction is massive and obvious, we’re in the middle of a pandemic, economic growth has cratered, opening up economies is bringing the virus back but stock markets, bar in the UK, have made a near full recovery. How come?...
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Market Returns
Wall Street has produced positive returns for investors even in this cursed year, courtesy of its 30% weighting in the rampant technology sector, showing that sector composition has been a more important driver of markets than geography...
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Macro…a little better?
Forecasts have been edging up over the last couple of months but what has become painfully apparent is the trade-off between economic growth and public health...
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General Market Review
Economic data is steadily recovering and the market is ‘looking through’ this year’s dreadful recession to a meaningful recovery in growth and earnings next year...
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Winter Economy Plan
Today’s ‘Economic Update’ by the Chancellor, Rishi Sunak, arrived six months and a day after the Prime Minister announced the start of lockdown on 23 March...
Trump’s Last Dance
You have your own political views, you are assaulted by everyone else’s
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Currencies
As the chart shows, the ‘risk off’ currencies of US dollar, swissie, and yen have all strengthened this year
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Ying and Yang
Gold and oil, heads and tails, black and white, night and day, Cain and Abel, Tom and Jerry
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