Inflation, a common side effect of growth
Intraday equity market volatility is back, as this roller coaster week showed. Still, we yet again seem to be ending flattish after a busy end to the week. UK markets were strong, helped by the bid for Anglo-American from BHP. Anglo American’s...
Market quiet on the Middle Eastern front
The Middle East is dominating world news again, as the awful moment has come when Israel and Iran have engaged in open and direct conflict, albeit at great distance. That the warfare is across considerable distances makes it different to close conflicts...
What the return of volatility tells us
The week has seen quite large price movements in asset markets even though, overall, equities are relatively stable. The UK’s main market index, the FTSE 100, is higher and among the better index performers globally. It came very close to closing Friday...
Bumpy start to the quarter
Following on from two very strong quarters for investors in risk assets, the start of the second quarter has seen a sudden change of mood, and the first distinct bout of equity volatility this year. Indeed, on Thursday, the American leading stock...