Like the UK, Latin America has suffered greatly during the pandemic – perhaps even more so. The World Bank estimates that regional GDP may slip by as much as 8%, with more than four million…
Week in review: I’m not a quitter
This week, Theresa May sticks around, U.S. hurricane woes and FTSE dropouts. On a visit to Japan this week, UK Prime Minister Theresa May confirmed that she would be leading the Conservative Party into the…
Protected: Why aren’t markets more worried about North Korea? For Professional Investors Only
This piece is built upon Eric’s discussion about the complex nature of asset price determination at his own blog at philosophyofmoney.net earlier this week. Here is a chart of the South Korean and US stock markets so…
A summer of quiet contemplation For Professional Investors Only
The US Federal Reserve is unlikely to raise rates at its Federal Open Market Committee (FOMC) meeting on Tuesday. However, it will be interesting to see the FOMC’s view on why inflation figures in the…
Protected: AIMing for perfection For Professional Investors Only
By Matt Cable. The UK stockmarket as a whole has performed very well over the last twelve months, despite the obvious disruption from the Brexit vote last June. A glance at the various indices shows…
It’s About Time That Markets Made Their Mind Up
The last few weeks have been frustrating as our core trades have struggled to make any real progress. Equity markets remain stuck in quite a tight range, as have core bond yields. When price moves…
The mixed messages are concerning
Ben Kumar, Investment Manager, Seven Investment Management When we look at the financial markets, the mixed messages are concerning. By extrapolating today’s low interest rate environment almost indefinitely into the future, quality government bond markets…
Week in review: Total eclipse – of the charts?
This week: good news for the euro, bad news for UK corporate profits. Not quite an eclipse of the charts, as it turns out, but a strong week for the euro nonetheless: sterling fell to…
Where’s the clever money going? August 2017
July was a fairly quiet month in the markets, with most indices making some gains. The FTSE 100 has tracked broadly sideways during July and so far in August, wavering between 7300 and 7500. It…
The Asian Financial Crisis 20 years on
In the four years between 1993 and 1996 the tiger economies of Asia led the world in terms of gross domestic product (GDP) growth and stock market returns as foreign and local investors piled in…
Lowland: small and mid-caps for…income?
The UK dividend seeker’s dilemma: avoiding too much income concentration. The concept surrounds a fairly well-penned story in the press about how the vast majority of the UK’s dividends are paid by a small cadre…
Is it all doom and gloom for UK domestic cyclicals?
The UK is leaving the EU, economic growth is slowing, household disposable income is being squeezed and interest rates only have one way to go. The case for UK domestic cyclicals – those businesses whose…
Erratic Price Action Within a Period of Change
With summer vacations at their height, perhaps it is to be expected that price movements could become a little erratic. Political, economic and central bank headlines seemed to come thick and fast with price action…
Week in review: White House meltdown
It’s been an eventful week in the White House. Donald Trump announced that he was disbanding two business councils after a number of chief executives quit over his handling of violent clashes at a far-right…
The US Equity Bull Market Was Damaged Last Week. Perhaps Gold is a Partial Remedy
The action in equity markets this past week suggests that some serious damage has been inflicted on the bullish trend. Is the damage serious enough to mortally wound the bull? It is far too early…
Week in review: Fury, fire and fear
This week: tensions mount between North Korea and the U.S. Geopolitical tensions ratcheted up several notches this week as saber-rattling from North Korea brought threats of “fire and fury” from U.S. President Donald Trump. On…
How to supercharge your returns
David Prosser explains how reinvesting dividends makes a huge difference. Where do your returns come from when you invest in the stock market – in the shares of the companies that trade on that market,…
‘Peak’ everything?
John Pattullo, Co-Head of Strategic Fixed Income In the 1980s I remember writing an economics homework essay about how the world was going to run out of oil by the year 2000 — Marion King…
Plus ça change: credit crunch 10 years on
Chris Darbyshire, Chief Investment Officer, Seven Investment Management Viewers of Paramount’s ‘The Big Short’, will remember a scene towards the end of the film when the US housing market is in freefall, mortgages are defaulting…