Global equities bounced strongly last week, gaining a sizeable 4.4% in local currency terms and more than reversing their losses the previous week. Equity markets ended the week at new … Read More
Power in Numbers
Global equities fell back 3.5-4% last week, leaving them down slightly year-to-date, although they have recovered some of these losses today. It was a busy week for financial news but … Read More
Earnings to the Rescure
Global equities last week resumed their upward trend, regaining their losses of the previous week with a 1-1.5% gain. The positive mood was no doubt bolstered by President Biden’s inauguration, … Read More
Biden Bonanza
Global equities slipped back 1% last week, reversing some of their recent gains. UK equities also gave back some of the previous week’s outperformance. Both moves, however, pale into insignificance … Read More
Bubble, Bubble, Toil and Trouble
Equity markets have started the year in bullish mode with global equities rising a strong 2.7% in local currency terms last week. These latest gains were very much driven by … Read More
Darkest Before The Dawn
Equity markets ended last year on a bullish note and this optimism has carried through to the start of the new year. Global equities gained 1.3% in local currency terms … Read More
Merry Christmas and a not so Happy New Tier
I have spent much of this year in this commentary discussing ad nauseam two topics – Covid and Brexit – and unfortunately we need to end the year focusing on … Read More
Groundhog Day
Global equities did their best last week to ignore the trials and tribulations of the Brexit negotiations, ending the week down a modest 0.5%. It was rather harder for UK … Read More
Deal, No Deal or no big deal
The upward march of equity markets continued last week with global equities gaining another 1.2% in local currency terms. However, there was considerable divergence between markets. The UK resumed its … Read More
Don’t Fight the Vac
Global equities resumed their rally last week, gaining 2% or so in local currency terms. This brings the increase so far in November to as much as 12% and leaves … Read More