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Reading the runes of this week’s market bounce
7 October 2022Market volatility has been in the air all year and given the macroeconomic backdrop this is not at all surprising. A weakening global economy marred by war and labour market-driven supply squeezes, while simultaneously trying...
Loss of trust
30 September 2022This week provided the evidence for the fragility of capital markets as they grapple with the strain of transitioning from an ultra-low interest rate environment back to the one we knew before the global financial crisis of 2008....
The Fed at work and China snubs Putin
16 September 2022The period of mourning for Queen Elizabeth II continues amid truly touching scenes. Our Chief Economist’s walk from Rotherhithe to the Tatton office follows the path of the waiting line for the Queen’s “Lying-in-State”....
The end of eras
9 September 2022With great sadness, we pass from the second Elizabethan age. Our Queen was a constant during this period of intensely rapid change. Across the political spectrum, we can acknowledge her ceaseless responsibility to her people....
Waiting for policy action
2 September 2022The summer is nearing its end and with it the return of the more typical English late summer climes. It may feel as if markets have taken a hint with their 5-day downdraft until Thursday, although most outsiders will look at the...
Delicate equilibrium
26 August 2022All eyes are on the world’s central bankers this week, who are guests of the US Federal Reserve (Fed) at its annual conference in Jackson Hole, Wyoming. Markets are particularly eager to hear what Fed chair Jay Powell has to...