News

Market Update 2nd September 2024

News: 02 September 2024

Goodness me. It’s September. This has once again managed to catch me off guard.
With hindsight, the signs were there. We go around the sun at the same rate every year, and we count the days in August up to 31 every time. The only possible excuse for any confusion is that, based on the name alone, one would expect September to follow June, not August.

Market Update 19th August 2024

News: 19 August 2024

I have just returned from a 2-week summer holiday – a period which coincided with particularly volatile markets in the first week of August, which may have been unsettling for you.

Whenever periods of headline-grabbing market turbulence occur, as professional investors we are inundated with jargon-filled rationalisations from experts across the industry. From my holiday, I was also more acutely aware of how these events were reported in the mainstream media.

Market Update 12th August 2024

News: 12 August 2024

Last week saw some of the most severe market moves for some time, mostly based around Japan, but sent waves through other markets as well.

Market Update 5th August

News: 05 August 2024

Since the 2007/08 global financial crisis we have seen low interest rates consistently for over a decade. This has meant little to no return on cash, resulting in a lower allocation within portfolios.

Market Update 29th July 2024

News: 29 July 2024

The summer reporting season is in full swing. Results so far have generally been reasonable, although we’re still awaiting releases from many of the most significant companies. We are five short of a full magnificent seven complement, for example.

Market Update 22nd July 2024

News: 22 July 2024

JD Vance was previously only known to me as the author of a book called Hillbilly Elegy, which later became a Netflix film. It’s an autobiographical story about his working-class origins in the Appalachian mountains and how he overcame a difficult childhood to go to Yale.

Market Update 15th July 2024

News: 15 July 2024

What a day of sport yesterday which is being dubbed as the Spanish Double. Alcaraz beat Djokovic in straight sets in the men’s Wimbledon final, defending his title. He is now a four-time grand slam winner at 21.

Market Update 8th July 2024

News: 08 July 2024

The 2024 General Election saw markets react with classic British understatement. Arguably, that’s because the large majority Labour won was approximately what was expected. But there hasn’t been a tidal wave of support behind the party. Its share of the vote has hardly changed since 2019.

Post-Election Commentary

News: 05 July 2024

Market Update 1st July 2024

News: 01 July 2024

In the wake of the Brexit referendum in 2016 Nigel Farage said “We may be close to Nexit. We could be quite close to Dexit”. He is referring here to the Netherlands and Denmark following the UK out of the EU. At other times he has claimed Sweden, Austria and Italy will be leaving as well. Italy has a far-right government, as do Hungary and Poland.