The Cambridge Weekly – 24th October 2022

The world beyond the UK Given the volatility in UK politics last week, broader capital markets felt like a sea of calm in comparison. As far as the outcomes from the political side are concerned, markets had already priced in the upside on sterling, based on the...

The Cambridge Weekly – 17th October 2022

Change in the air It is not often that market action in the UK capital market moves the global capital market dial, given our domestic stock market comprises just 3.1% of the global total and 4.1% of the global total government bond market. However, over the course of...

The Cambridge Weekly – 10th October 2022

Reading the runes of last week’s market bounce Market volatility has been in the air all year and, given the macroeconomic backdrop, this is not at all surprising. A weakening global economy marred by war and labour market-driven supply squeezes, while simultaneously...

The Cambridge Weekly – 3rd October 2022

Loss of trust Last week provided the evidence for the fragility of capital markets as they grappled with the strain of transitioning from an ultra-low interest rate environment, back to the one we knew before the global financial crisis of 2008. A policy mistake...