Nvidia versus the Fed
Following the strong upwards surge in stocks and bonds at the beginning of May, capital markets have recently moderated and were mostly flat, to slightly down, overall this week. Britons were preoccupied with Rishi Sunak’s surprise election call – polling now less...
Pluses and minuses
It was a decent week for investors, with global stocks up around 1% from last Friday. British and European equities finished virtually flat, with the US and China slightly up. The gain for US stocks was not outsized, but it was enough...
A blooming May for the UK
Stocks and bonds had a good week again, revelling in the after-effects of last week’s US Federal Reserve meeting and signals of a tepid US jobs market in the April employment report. Hong Kong stocks did particularly well, after the Chinese authorities...
Still sticking to the plan
Equity and bond markets have had a reasonably good week, with policy makers helping to calm nerves. Geopolitical concerns retreated further; the US and Saudi Arabia are close to a bilateral agreement which may well include the formal recognition of Israel. Meanwhile,...
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...