Taper Tantrum 2.0 fears rattle markets

28 January 2022

The unnerving start to the year escalated this week, with many lay observers attributing market volatility to the rising possibility of war between Russia and Ukraine. But as outlined in the video market update we posted on Tuesday,...

A bumpy road to somewhere

19 January 2022

It has been an all-action year so far. Global equity markets have been in a downward trend since the end of 2021, led by US stocks. America’s mega-cap tech companies that were so loved throughout the pandemic have taken the...

Markets caught between hoping and dreading

12 January 2022

London was a tale of two cities this week: Panic in Whitehall but calm in the City. The scandals seem to keep coming for Boris Johnson, with several Tory MPs openly calling for his resignation. Betting markets now have the Prime...

January déjà vu

4 January 2022

Although 2021 did not close with another ‘Santa rally’, December – and the year as a whole – generated some pleasing returns for diversified investment portfolios. Compared to 2020 (another strong year in performance terms),...

Christmas tidings of comfort, if not joy

17 December 2021

Dear readers, this week’s edition will be the final one for 2021 and we look forward to welcoming you back when we next publish on 7 January 2022. Looking back, the year has exceeded some expectations and underdelivered on others....

Plan B or not Plan B? That is the question

10 December 2021

Equity markets bounced strongly on Tuesday. The catalyst was a flip in the coronavirus narrative that went: “the new variant is as contagious as the very first, but much less damaging. It confers some immunity. Triple-boosted...

The pre-Christmas ‘quiz’ that not many want to play

3 December 2021

As the end of the investing year draws nearer, markets remain on edge, questioning everything that it thought it knew the answers to only very recently. But this week, central bank and government policy, inflation pressures from...

Dollar strength and divergence caps a dull week for investors

19 November 2021

Despite the negative news flow, be it COVID or politics, UK consumers are proving their resilience once again with both October retail demand and domestic consumer sentiment pointing up. Perhaps the buoyant jobs market is encouraging...

New COVID variant flattens ‘Black Friday’ feeling

19 November 2021

It’s been a Thanksgiving week of mixed news. The European COVID case surge was surpassed in negative impact by the fears of a new variant emanating from South Africa. US markets hit new highs just before the holiday, but Black...

Central banks struggle with messaging

12 November 2021

Following five weeks of global equity markets inching higher every week, risk asset markets slowed even though, for once, economic data was actually offering reasons to believe that the worst of supply chain constraints may be...