by Cambridge Investments | Aug 27, 2019 | News
Populism politics reversing austerity? Following last week’s excitement over the yield curve inversions in the US and UK – which have been powerful recession predictors in the past – this week saw the return of calmer capital markets. World stock markets have...
by Cambridge Investments | Aug 19, 2019 | News
Market spat between bond and equity markets Last week, we suggested that the recent market pullback (down, then up to almost recovered) is unlikely to be the end of this bout of market volatility. Sure enough, markets became even more volatile over this week, despite...
by Cambridge Investments | Aug 12, 2019 | News
Bond markets unnerve equity markets – again We have repeatedly commented on these pages that the good mood in asset markets this year is more to do with central bank policy than a positive backdrop of the real economy. With poor economic fundamentals, central banks...
by Charles Penn | Aug 5, 2019 | News
The Elephant and the Little Old Lady: A tale of two Central Banks It was the best of times, it was the worst of times. Dickens’ immortal line roughly sums up the differing actions of two of the world’s major central banks this week. In the US, the Federal Reserve...
by Charles Penn | Jul 29, 2019 | News
The quick and the not-so-quick It’s official: May is out and Boris is in. But despite the political changes this could bring, currency markets hardly reacted. £-sterling started the month at €1=£0.897, and remains at that level at the time of writing. It has weakened...
by Cambridge Investments | Jul 22, 2019 | News
…‘twere well it were done quickly It has been another reasonable week for risk assets, especially equities. At the time of writing, markets around the world are within a percentage point of last week’s highs. In the US, large cap stocks are floating just off the...
