Category: Investment Outlook
Pause for thought
8 September 2025The ‘Back to School’ week often gets a lot of attention. Traders return from their holidays and reassess their market outlooks. So, after the summer’s strong equity rally, it is no surprise that investors are doing a bit...
Refuelling pause in markets
29 August 2025Markets have had another relatively quiet week. The news, on the other hand, was full of debt panic and more Trump destabilisation. As noted in the past few weeks, investors seem to have become desensitised to these events. The...
Market leaders taking late summer break
22 August 2025The Bloomberg World stock market index has gained 0.5% for the week as we write, bond prices are mixed (UK yields are up). Underneath that, US large cap stocks did less well, while China and the UK have risen, to the point where...
The slowdown never comes
15 August 2025The good times keep coming for global stocks. This week, markets’ optimism was backed up by a fundamentally bullish outlook – the continued improvement of corporate earnings expectations in almost all major markets. And, with...
Busy going nowhere
4 August 2025This has been one of the busiest weeks for potentially market moving information in a long time. We’ll start with market moves and see what that tells us about the way in which the information has added up, and what are currently...
The Meme Generation
25 July 2025This week has had lots of quite important information but no single aspect has dominated. Equity markets are higher again, bond yields are stable and companies tell us that, on balance, things are difficult but okay. US retail...
Higher and higher
18 July 2025Markets keep rising steadily and gently, on an incoming tide of liquidity. Investors appear to have plenty of cash and are happy to deploy it into risk assets, largely thanks to expectations of interest rate cuts. Both intraday...
Markets bask in the sunshine
8 July 2025Sunshine and all-time highs this week. US stocks started their 4th of July holiday in fine spirits. Encouragingly, smaller and mid-cap American companies have outperformed the ‘Magnificent Seven’ tech stocks over the last...
Markets recalibrate to Trump 2.0
1 July 2025What a week. No sooner had the US shocked the world by bombing Iran’s nuclear facilities than President Trump declared a ceasefire and subsequent end of the Israel-Iran war. More astonishing still was that the Israeli and Iranian...
The risks are real – but priced in
27 June 2025We have, unsurprisingly, had a bit of a down week. The Israel-Iran war has pushed up oil prices about 4%, with a slight knock to equities. The ‘safe haven’ dollar has risen but only slightly, up 0.5% against a stable sterling....