149 insights found
Back for good?
The ECB and the German government added to policy support in Europe this week. This further fuelled the cyclical risk-on behaviour of markets. Returns are positively skewed, and dispersion has fallen ...
Sentiment in markets has been positively impacted by signs of increased activity where lock-downs are starting to be lifted. This could continue as more restrictions are eased and consumers emerge fr ...
Something for every view
The future is always unpredictable but when the recent past has been so strange the outlook is even more clouded. That makes investment decision making hard and trying to assess whether markets are a ...
Four strands of a medium term view
Recovery momentum in markets has faded in the last couple of weeks.
Risk premiums in phase 3
Recovery momentum in markets has faded in the last couple of weeks. The policy support will be there for a long time but investors have to now decide whether risk premiums are sufficient for the unce ...
Smelly Sludge not Black Gold
Oil prices peaked 12-years ago. This week there was excitement amongst some financial commentators that prices had gone negative.
The big rise in government debt is one of the few certainties in the outlook.
Lessons from crises
Watching the epidemiological curves remains the most important short-term thing to do in financial markets.
A view from the markets – Cash-flow
This is a locked-down musing on the impact that disrupted cash-flows have on different asset classes. While government revenue is undercut by the recession, government can still fund itself and repay ...