Summer lull as markets go through the motions
We wrote last week, that fortunes could be changing on the COVID front, with UK case numbers showing a decline from their (possibly temporary) peak. Since then, the 7-day average for daily cases has fallen for the first time since Britain started...
Monday Digest
Overview: Are markets at last waking up to ‘living with’ the virus?Last week was a bumpy one. Major equity markets sold off heavily around the world, before recovering most of those losses by the end of the week. Unfortunately, that market volatility...
Markets wake up to living with the virus
It has been a week of ups and downs. Monday saw sunshine and relaxation as so-called ‘Freedom Day’ COVID restrictions were lifted in England. Investors did not join in the party, though, as major equity indices sold off around the world. Markets...
Monday digest
Overview: Will blockbuster corporate earnings revive market optimism?The world’s major stock indices mostly continued their recent holding pattern last week, awaiting news on where things go from here. The global transitional phase we find ourselves in – between a forced economic ice...
Earnings vs Delta
It has been a quiet week in equity markets. The world’s major stock indices mostly continued their recent holding pattern, awaiting news on where things will go from here. As we have written before, the global transition phase we find ourselves in...
Monday digest
Overview: Investor vertigo an entirely natural responseGlobal equities have been on a pretty rapid ascent since the start of the year, but as the second quarter ended, investors have been dealing with a mild attack of vertigo. In its June meeting, the...
Don’t look down
Global equities have been on a pretty rapid ascent since the start of the year. This week the world’s investors had a bout of looking down, and a mild attack of vertigo. This dizzyness has been prompted by some reasonable worries. Do...
Monday digest
Overview: transition uncertainties aheadThe great British summer may have struggled to materialise so far, but the end of the first half of the year always brings an element of sunny optimism. And, after what proved a quite decent 2020 for investors, the...
Transition uncertainties
The great British summer may have struggled to materialise so far, but the end of the first half of the year always brings an element of sunny optimism. We will comment on market and investment returns in more detail next week, when...
Monday digest
Overview: Calm markets shine light on future growth After the Federal Open Market Committee (FOMC) indicated the US Federal Reserve’s extraordinary support for the US economy may last months rather than years, discussion last week turned to speculation on the internal battle...