Latest news.
Bonds are back
18 August 2023Both equity and bond markets have had another rather difficult week and with it August has mostly erased the positive returns of July. From the medium-term perspective, UK-listed equities are nearly back down to the level at which...
Summer markets
11 August 2023On the face of it, the week contained many of the news headlines that market optimists had been waiting for: rapidly falling US inflation and a cooling jobs market. In the UK, news that four of its major high street lenders were...
Expect the unexpected
4 August 2023July turned out to be another good month for portfolio investors as markets rose across the board, leaving only commodities and property investors in the red for the year. For more details on the month’s returns picture, please...
Rate rises bouncing off ‘Teflon’ markets
28 July 2023Equity markets continue to be buoyant after the rate rises in Europe and the US. Some market participants have been calling this the ‘Teflon market’ because nothing sticks to it. We would rather think of it as a sort of running...
Another inflation driver turns over
21 July 2023This week’s markets have, yet again, revolved around inflation, wages and profit margins. In the UK, we finally got a little of the good news that has been stoking US markets. Inflation wise, June turns out to have been not...
Core inflation slowdown equals an upbeat week for equity markets
15 July 2023We wrote at the end of last week that markets had come to expect another round of significant interest rate rises from central banks, and that risk assets such as equities were likely to come under some pressure. At the end of...