Cambridge Weekly – 15 October 2018

Autopsy of a stock market sell-off Last week, we wondered why stock markets had not reacted more negatively to the latest upward wave of bond yields, when this had led to a formidable stock market correction back in February. As it turned out over the course of this...

Cambridge Weekly – 8 October 2018

Bond market sell-off surprise Having written only last week that Trump’s trade wars may prove a bizarrely supportive factor towards safely unwinding overvalued bond markets, I feel as if I provoked bond markets to prove me wrong. Amongst the other news stories, bond...

Cambridge Weekly – 1 October 2018

Poor politics containing bond market risks? As September and Q3/2018 drew to a close, investors enjoyed a second consecutive week of positive returns, ending the period not only with positive returns overall, but also in an uptrend. End of an era for the Fed The era...