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Ripe for a rotation Last week ended with lower stock prices and a cryptocurrency sell-off – despite a bump midweek from Nvidia’s better than expected profits (and news that Warren Buffet bought into Alphabet). Deep divisions at the Fed – likely due...

Open and shutStock markets rallied early last week and then sold off – strangely, just after Trump signed a bill to open the US government. And, just like the previous week, in the last hours of Friday trading, equities rallied. First, the...

Liquidity, actually After stocks sold off 2-3% last week, with big tech particularly vulnerable, Monday morning has seen a decent bounce. S&P 500 futures are now only 1% down from a week ago. The US Senate’s Sunday vote to push on with...

Faster change, stronger growth, bigger risksStocks climbed last week, yet again hitting various new highs although, again ending with a sense of anticlimax. The narratives didn’t change. UK markets did well across the board, reflecting an improving economy.  The US Federal Reserve...