The Cambridge Weekly – 13th March 2023

by | Mar 13, 2023 | News

Market wrestling For weeks we have been talking of an equity market that is relatively expensive in comparison to bond markets, especially government bond markets. Below is a chart which tracks the dividend yield of the FTSE 100 (calculated from 12-month trailing...

The Cambridge Weekly – 6th March 2023

by | Mar 6, 2023 | News

Mood swings For some time, bond and equity markets have been experiencing teenager-like mood swings. As February ended and March began, government bond yields continued their march higher to levels last seen last autumn, when stock markets tumbled as a result. Yet,...

The Cambridge Weekly – 27th February 2023

by | Feb 27, 2023 | News

Balancing acts Last week saw global stock markets give back a portion of the gains made in the first few days of February. Still, since the start of the year, global stocks have made a total return of around 5% in £-sterling terms (Source: Bloomberg). Over the past...