The Cambridge Weekly – 9th March 2020
Coronavirus market update – ramping up countermeasures can be scary Since our last update a week ago, market dynamics have developed very much along the lines we outlined as our expectation. The US Federal Reserve has taken the lead and lowered US interest rates by...
The Cambridge Weekly – 2nd March 2020
Coronavirus - hitting too close to home World-wide infections may be reducing, but with new cases appearing close by stock markets are now shock markets - 'keep calm and carry on' is once again the best motto for prudent investors. Brexit may be 'Harder' than...
Cambridge Weekly Update – 26th February 2020
COVID-19 and the reaction of markets to pandemic fears Global equity markets have taken a significant hit this week, as investors started to take news of COVID19 spreading beyond China to the rest of the world more seriously. We thought it would be a good time to...
Cambridge Weekly Update – 24th February 2020
Bubble trouble Compared to last week, there have been few changes to the big picture narrative: Thanks to the virus containment efforts enacted by its government, China’s labour force is only now slowly returning to work following an unusually extended Lunar New Year...
Cambridge Weekly Update – 17th February 2020
V-shaped recovery focus for Valentine While investors enjoyed another upbeat week, the world’s medical profession (and the wider public at large) remained in a more troubled state, with concerns increasing after the World Health Organisation officially renamed this...
Cambridge Weekly Update – 10th February 2020
Virus week – not in stock markets January is behind us and what a year it’s already been. Investors have been bounced around from WWIII fears between the US and Iran, the formal Impeachment of the US president and the prospect of a global virus pandemic. Against this...
Cambridge Weekly Update – 3rd February 2020
Headwinds and tailwinds The events of the past few weeks have left some investors wondering whether we are witnessing a rapid deterioration of the erstwhile ‘fair to potentially better than expected’ 2020 outlook. In light of the Chinese Corona virus threat to all...
Cambridge Weekly Update – 27th January 2020
Consolidation ahead? The quiet period of Christmas and New Year has definitely ended. Davos World Economic Forum, Chinese Coronavirus, Q4 earnings season, central bank deliberations, first batch of 2020 business sentiment figures and – you guessed it – the next steps...
Cambridge Weekly Update – 20th January 2020
All central bank liquidity or improved outlook too? Following the brief wobble after the escalation in tensions between the US and Iran, the risk appetite that drove the substantial stock market rally towards the end of last year has returned. With yet another good...
Cambridge Weekly Update – 13th January 2020
So far so good Compared to last week’s ‘brink-of-war’ geopolitical shock start to the year over the US-Iran tensions, this week has brought relatively positive economic news, with not much to upset global markets, even if the general news flow was tragic from a...
Cambridge Weekly Update – 6th January 2020
2020 starts with a Trump card And it was all going so smoothly, we had planned to write that it was a quiet week. Christmas a fading memory and the New Year with had some positive news on US-China trade relations, helping markets edge higher on Thursday night. Then...
Cambridge Weekly Update 23rd December 2019
Goodbye 2019 - welcome 2020 and a new decade! 2020 will be interesting As not only the year, but also the decade comes to a close, 2019's last Cambridge Weekly edition has us reflecting on the larger shifts we are witnessing 2010/2020 - one decade back, one forward -...
Cambridge Weekly Update – 16th December 2019
Brightening horizons Cambridge Weekly recipients will have already seen our comment on the election outcome on Friday and so we will not rerun those comments here – please refer to the email from Cambridge Investments Ltd which you should have received shortly after...
Cambridge Weekly Update –2nd December 2019
Markets are driving the markets – will the economy keep up? It has been another quiet week in capital markets, which may be a surprise given the political shouting about the General Election. As we have written before, the recent rally in risk assets is at odds with...
Cambridge Weekly Update –25th November 2019
Markets pause for reality check Conventional market wisdom holds that the cold and damp of autumn usually heightens the probability of downside volatility in markets – particularly when the economic outlook is unclear. The last quarter of 2018 was a prime example of...
Cambridge Weekly Update –18th November 2019
Swilling cash eases the market mood music As the electoral machine whirrs on here, global capital markets have had a comparatively quiet week. The resurgent optimism of the last few weeks has waned somewhat, without turning around. But the US’s S&P 500 is still...
Cambridge Weekly Update –11th November 2019
Recession concerns retreat, but growth remains a hope Equity markets were in a good mood this week. That is in no small part due to progress in US-China trade negotiations, in which both sides agreed to the removal of already imposed tariffs in a number of phases....
Cambridge Weekly Update – 4th November 2019
Crucial October period safely behind October has ended: time to take stock of market and portfolio returns. In general, stock markets nudged up further while government bond yields recovered, eroding some of bonds’ earlier valuation gains. For UK investors however,...
Cambridge Weekly Update – 28th October 2019
Slowly turning Another week, another Brexit delay. EU leaders have decided to wait until after the election vote next week before saying how long may be acceptable for another delay. Despite some tough words from France, it seems unlikely they will be so unreasonable...
Cambridge Weekly Update – 21st October 2019
Brexit breakthrough versus Brexit fatigue We have witnessed a second week of improving sentiment in global capital markets, with most equity markets trending higher and bond yields continuing their recovery. However, this was nowhere near the euphoria levels that...