Category: Investment Outlook
The American people have spoken
9 November 2018It struck me this week how full of historic events the first weeks of November are. Guy Fawkes’ gun powder plot (1605), the end of WWI (1918), The German Revolution of 1918 – abdication of Kaiser Wilhelm II, the Reichskristallnacht...
Good-bye cathartic October
2 November 2018What a difference one month can make. At the end of September, one of the biggest conundrums of 2018 was the divergence of stock market returns between the US (strongly positive) and the rest of the world (flat). October's stock...
Stock markets suffer liquidity squeeze
26 October 2018During the recovery from February’s stock market correction, we wrote on these pages that the upsurge in equities – particularly in the US – felt a little uncomfortable. This was because the correction had not followed the...
Complicated picture suggests taking a step back
19 October 2018The global equity market sell-off calmed this week, even though the predicted bounce back petered out sooner than most had expected with selling pressures already returning mid-week. This left stock markets roughly where they...
Autopsy of a stock market sell-off
15 October 2018Last week, we wondered why stock markets had not reacted more negatively to the latest upward wave of bond yields, when this had led to a formidable stock market correction back in February. As it turned out over the course of...
A bond market sell off & our Brexit view
5 October 2018Having written only last week that Trump's trade wars may prove a bizarrely supportive factor towards safely unwinding overvalued bond markets, I feel as if I provoked bond markets to prove me wrong. Amongst the other news stories,...
Poor politics containing bond market risks?
1 October 2018As September and Q3/2018 drew to a close, investors enjoyed a second consecutive week of positive returns, ending the period not only with positive returns overall, but also in an uptrend. This must have been all the more confusing...
Brexit clamour vs. real market new
27 September 2018The UK’s establishment had pinned high hopes on a Brexit break through at the EU’s Salzburg (non-Brexit specific) summit. The rest of the EU had different agenda priorities and so disappointment was inevitable. Judging by...
Financial Crisis – 10 years on
14 September 2018It was 10 years ago this week that US investment bank Lehman Brothers, was allowed to default. This event marked the beginning of the ultimate escalation from a severe credit crunch to a full blown global financial sector meltdown....
Interesting times ahead
7 September 2018It has been one of those weeks, where so much news comes across our desks that I do not quite know where to start and where to finish, but we can be sure not to get bored in the near term. After all the Brexit drama of the...