by Cambridge Investments | Oct 2, 2023 | News
Economic resilience is about to be tested Historically September has on average not been great for investors, and as it turns out this year is no exception to that norm. Both equities and bond valuations have declined and even though equities have not materially moved...
by Cambridge Investments | Sep 25, 2023 | News
To yield or not to yield Last week, stocks and bonds were still bruised from the ‘hawkish pause’. The US Federal Reserve (Fed) announced last Wednesday that it would hold interest rates steady at 5.25-5.5% but threw in some stern forward guidance to dispel any doubts...
by Cambridge Investments | Sep 18, 2023 | News
Central bank hawks determined to defang inflation The European Central Bank (ECB) raised rates last Thursday, with the majority of its Governing Council members concerned that the inflation parasite may be alive for a while longer. Of course, parasites can continue to...
by Cambridge Investments | Sep 11, 2023 | News
Energy in focus – oil prices up and an ill wind for renewables Markets have been generally quiet at the start of September, but energy is again becoming an issue for equity and credit markets. Oil prices have risen since the start of the summer, with Brent crude...
by Cambridge Investments | Sep 4, 2023 | News
New school term has the US back at the top of the class Summer is officially over, but we are none the wiser regarding the direction of the economy. Or are we? Well, we quite likely are, but just a bit and not enough to know if next month’s equity markets will be...
by Cambridge Investments | Aug 29, 2023 | News
Transcontinental growth divergence We don’t seem to be able to get away from writing about how bond yields have been driving equity markets due to their influence on underlying valuation dynamics. We wrote about it the previous week, on many occasions over the past...
