Category: Investment Outlook
Markets not reflecting public fear
8 July 2022The murder of past Japanese Prime Minister Abe is a reminder of how much we should value our public servants and politicians. We should be grateful to all our politicians that they are prepared to do a job we need so much. Whether...
Energy price shock turns into central bank focal point
1 July 2022More than two years since the COVID virus hit Europe, it is clear that most peoples’ livelihoods have been affected more by the policy ‘medicine’ than the virus itself. Of course, without those interventions which were needed...
Public sentiment vs economic realities
24 June 2022Through much of this second quarter, the financial market narrative has been about inflation. This week the Office for National Statistics (ONS) informed us that inflation as measured by the Consumer Price Index (CPI) rose from...
Linchpin oil price
17 June 2022As central banks around the world were busy reasserting their authority and credibility as the guardians of monetary stability, last week’s stock market wobble turned into a fully-fledged rout this week. The growth concerns...
Rollercoaster for the Jubilee funfair
1 June 2022Party stalls are going up and libations are flowing for the Platinum Jubilee. But no fairground is complete without some thrilling rides. Over the last month, capital markets chipped in with a rollercoaster of their own: equity...
As recession talk subsides, inflation pressures increase
27 May 2022As we head towards the final days of May, markets appear to be calming down. Stock markets are heading for a positive week and credit spreads – the proverbial canary in the coalmine ahead of recessions – have come down sharply....
Talking recession to fight inflation
20 May 2022It has been another rocky ride week for capital markets, with inflation talk increasingly turning into chatter of an ‘inevitable’ recession, prompting the most recent cohort of DIY retail investors to throw in the towel. However,...
Bear market fear as another tech bubble deflates
13 May 2022To some investors it will seem the old investor adage of ‘Sell in May and go away’ has once again proven correct, especially when the US S&P500 fell within touching distance of that bear market threshold of -20% this week....
Market noise is almost deafening
6 May 2022The last week of April was like being on a roller coaster. We had rather hoped that the ride was almost over, but in fact it’s only been getting wilder. ...
Range bound markets – despite the drama
29 April 2022Equity markets have been range-bound through the past few weeks, but it does not feel like it. Volatility is at its highest since the nasty period in March 2020, which always raises our perceptions of potential downside. But the...