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Debt ceiling angst or simply lack of good news

26 May 2023

Compared to last week, markets did not really get much ‘new’ news to digest, and yet this week brought a renewed bout of equity market volatility. Given bond yields experienced even larger moves (up), speculation has been...

Big tech stocks increase is ‘artificial’

19 May 2023

Last week we wrote that markets were facing growing risks. Since then, and at the time of writing, equity markets have generally headed higher. Japan has been enjoying a particularly good run with the Nikkei 225 making gains every...

Trust the MPC to rain on May’s parade

12 May 2023

After a period where it felt like there was a shortage of news, things are hotting up. Both equity and bond markets are bearing up well generally but, in our estimation, underlying risks have increased since May started. ...

A small predicament

5 May 2023

The week’s investor focus has been dominated by May’s central bank rate decisions, with the weaker spots in US (regional bank) markets continuing to rumble just beneath the surface. Australia’s Reserve Bank made the start...

Inflation running out of money

28 April 2023

Over the past few weeks, we have observed how markets have been hanging in a fine balance, as evidenced by the rather directionless and decreasingly volatile bond, equity and currency markets. We are not the only ones who see...

ESG in Africa

20 April 2023

The words ‘Africa’ and ‘sustainability’ are rarely uttered in the same breath. Yet there is a quiet ESG revolution occurring on the continent, and it is one that could soon grab the attention of many investors. ...

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