Category: Investment Outlook
Finely balanced
22 April 2022Easter week has been a bit mixed for investors – and this was not caused by fears that populist Marine Le Pen closing the gap to incumbent French president Emmanuel Macron may herald another major political upset in the 2nd...
Easter review and outlook
14 April 2022The annual rate of inflation, as measured by the consumer price index (CPI) was reported at 7% in the UK, 8.5% in the US and even Germany recorded 7.3%. These are heights not seen for 40 years and were unsurprisingly front and...
Q2 begins with QT top of the agenda
8 April 2022Claire Bennison, our esteemed investment colleague and chart guru, has been talking of global equity market consolidation for several weeks. The chart below shows global equity and UK equity total return indices from the onset...
Yield curve inversion – no April fool
1 April 2022It is the first day of April, but after living through the events of this quarter, few seem in the mood for the usual April fools’ jokes. While UK consumers braced themselves for a surge in their cost of living – as the UK’s...
Better news is not always good news
25 March 2022Another good week for global equities, but a poor one for global bonds. Of course, that hides some disparity in the subsections that make up both markets. In the broadest sense, the US Federal Reserve (Fed) said interest rates...
Changing Tides
18 March 2022Last week we reminded portfolio investors of the importance of making sure that long-term investment decision-making is not overly influenced by short-term market fluctuations. Here at LWM, we aim to ensure portfolios remain positioned...
Positioning for the energy price shock
11 March 2022Global capital markets continued their wild ride this week, as market participants struggled to gauge by how much would Putin’s barbaric war on Ukraine dismantle their 2022 outlook for the global economy. Wild equity market...
A double edged sword
4 March 2022During the course of this week, the impacts of the war on global financial assets changed in nature. Last week, we wrote that minor sanctions were a help for asset prices even if the sanctions did not match the level of outrage....
Back to the past
25 February 2022Last Friday we pointed out that when geopolitics are as fluid as they are now, much can change over a weekend. As it happened, it was not the weekend that marked a big shift in the geopolitical landscape, but the Thursday that...
Special market update: Putin’s recognition of Donbas
22 February 2022Russia’s aggression towards Ukraine reached a new level overnight after Russia’s president Putin officially recognised the two self-proclaimed separatist ‘republics’ in Ukraine’s Donbas region. Most importantly, he ordered...