Last week proved a mixed affair for equity markets. Global equities ended down 1.2% in local currency terms but up 1.4% in sterling terms. There was also a marked divergence … Read More
Fangs are Out
UK assets had a good week, with a further reversal of the sell-off caused by the mini-budget. The pound rose 3.8% against the dollar and is now back up to … Read More
About Turn
Last week proved to be yet another week of high drama. While the UK was clearly the epicentre, the US inflation numbers mid-week also did their best to grab the … Read More
A Game of Two Halves
Last week was very much a week of two halves. Global equities staged a sharp 5% bounce early on, only then to unwind a good part of that gain and … Read More
Don’t Panic
The natural instinct in turbulent times like these is to press the panic button – sell any investments which could potentially fall further and retreat to the safety of cash. … Read More
Turbulent Times
The past week has been a torrid affair with major moves in many markets. Global equities ended the week down a sizeable 4.2% in local currency terms and are back … Read More
A Momentous Week
The death of Queen Elizabeth II, a rock of stability for the nation over the decades, overshadows everything else and puts this week’s comments on the trials and tribulations of … Read More
A Poisoned Chalice?
Global markets fell back a further 2.9% last week and have opened lower today. They have lost over half their summer gains and are now 5% or so above their … Read More
UK Inflation Woes
Equity markets posted a modest 0.9% decline last week, their first fall in a month. However, a 2.6% drop in the pound against a strengthening dollar to $1.18 left global … Read More
US Inflation Cheer
US Inflation Cheer Equity markets continued their rebound last week with global equities gaining a further 2.5%. Markets remain down 10.7% in local currency terms from their early January high … Read More