Monday digest
Inflation, a common side effect of growth Volatility is back, but it’s not all bad. UK stocks fared well, thanks to BHP’s takeover bid for Anglo American, and China is recovering from January blues. On the other end is Japan, whose equities...
Monday Digest
Market quiet on the Middle Eastern front Israel and Iran’s escalating conflict presents huge risks for the world, but at the moment we can take comfort that the respective aerial bombardments seem to be more about showing force than hurting each other....
Monday digest
What the return of volatility tells us Equities were fairly stable in the US and UK last week, despite bond yields moving higher. Europe was the opposite: stocks fell despite falling yields. We might have thought bond volatility would hurt risk assets...
Monday digest
Bumpy start to the quarter Last week saw 2024’s first real bout of volatility. The S&P 500 had its biggest one-day percentage range in over a year on Thursday. This came after two extremely strong quarters for investors. Indeed, we suspect it...
Tuesday digest
Everyone is an optimist now The first quarter of 2024 was another strong one for stocks. That’s a pleasant surprise, given the massive rally that came before. The MSCI World Index has only had one down week since the end of October,...