Published Jan 27, 2022
• US equity market sell-off shouldn’t be taken a marker for all equity markets • US equities, particularly tech was very fully valued • Netflix share price drop fully justified • Asia, in particular, could do well if the re-opening trade takes hold as countries follow the UK’s lead of no masks and no social…
Read MorePublished Jan 19, 2022
• Market expectations for interest rate moves have changed materially • Other policy measures are also being discounted • The shift to value will be helped by higher rates • Low duration fixed income is still the place to be, with patience required in the near term We are through the first fortnight of 2022…
Read MorePublished Jan 18, 2022
As we wave farewell to 2021, we pause briefly to reflect on what will shape markets and investment strategy in 2022 and beyond. Inevitably, the effects of the global pandemic will still be with us for a long time, but there is more to the future than that. Global central banks will deal with rising…
Read MorePublished Jan 11, 2022
• 2022 has started with markets on the backfoot • Technology stocks have retreated as bond yields have crossed last year’s high • The Fed has signalled that it will take inflation threats seriously • Labour market conditions are getting tighter The year just gone by will be remembered not just for the ravages of…
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