Market Commentary
21 April 2021
Vaccine rollouts and improving sentiment have prompted market rotation to start the year. With stretched stock valuations, turbulent bond markets, and flashes of inflation, how will reopening and recovery play out?
18 January 2021
In 2020, a black swan disrupted the global economy, pushed macroeconomic policy to extremes, and spurred a growth rally that saw amateur investors handily beating the pros. How do markets sit as we enter a new year?
9 December 2020
As we hurtle through the final quarter of a very strange year, how are surging cases of COVID-19, rising political uncertainty, and major shifts in economic policy impacting investors and markets?
20 July 2020
Markets have staged a remarkable recovery since their March lows. Now all eyes are on the global economy to catch up. With the virus under control and borders reopened last month, Europe should see economic activity pick up.
17 May 2020
What will the post COVID-19 world look like? Pre-pandemic trends combined with large fiscal stimuli, increasing efficiency by working from home and many other factors will shape what changes lie ahead.
28 February 2020
The US-China trade war, low interest rates, taxing US tech giants… Read all about it in our newly released quarterly commentary – including how the year-end snowy heights came straight at equity investors in a truly monster Santa Rally.
17 October 2019
Brexit, HK, Middle East, Trade Wars: Markets are being better behaved than the politicians.
22 July 2019
More than the weather is heating up. The EU’s threat to Swiss independence makes China’s view on Hong Kong look benign, while Iran’s militarized response to US pressure and the US-China Trade War are moving even Brexit off the front page. The US bull market is now at an all-time high.
Quarterly Commentary Summer 2021