11 Aug 2017
Increasing tensions between the US and North Korea seem to be starting to weigh on investors’ minds which is as it should be.
10 Aug 2017
It’s a funny old world. Having yesterday noted the impending 10th anniversary of the starting gun going off on the global financial crisis I subsequently tripped over a vignette on Bloomberg which read “Junk subprime auto ABS spreads at record lows”. It really was just a vignette and went on...
5 Jul 2017
The recent stock market has, like an Indian summer, been most benevolent: a feeling of confidence has seen many investors with portfolios fully committed to a rising market, while a small minority have been building cash reserves. There are echoes here of Aesop’s fable on the grasshopper and the ant. They had very different strategies and only one came out on top.
3 Jul 2017
Most investment markets performed admirably in the last twelve months, particularly as economic
trends have generally been uninspiring. Stock and real estate prices have certainly benefitted from
the unprecedented stimulus provided by central banks and governments, in the form of
extraordinarily low interest rates, and even more extraordinary money printing programs.