Dec 1, 2022 | Asset Management
What has happened to bonds? 2022 has been a difficult year for financial markets and especially for bonds. The asset class usually seen as a safe haven for investors is suffering only its second double digit decline since 1931 and marking a negative year for only the...
Nov 1, 2022 | Asset Management
Will there be a dovish pivot? After several weeks of declines, equity markets recovered some ground in October. This happened despite the Federal Reserve confirming tighter monetary policy was needed and economic data coming in mixed. On the other hand, company...
Oct 1, 2022 | Asset Management
“Lehman moment” avoided? Last week, the Bank of England took emergency action to avoid a meltdown in the UK pensions sector, unleashing a £65bn bond-buying programme to stem a crisis in government debt markets. It all started after the government announced a new tax...
Sep 1, 2022 | Asset Management
A new sovereign debt crisis? The strength of the dollar could lead to a sovereign debt crisis. While the US dollar has been the one consistent winning trade of 2022, it could force several countries hit by economic hardship to default on their debt. As economic...
Jul 1, 2022 | Asset Management
Is the Fed engineering a recession? The US Federal Reserve made a bold statement in June by hiking rates by 0.75%, the biggest rise in almost 30 years. It is widely expected that July’s rate hike will also be for 0.75%, showing just how committed the Fed is to get...
Jun 1, 2022 | Asset Management
NO RECESSION FOR NOW It’s looking increasingly likely that a recession will be avoided in 2022, despite evidence that growth prospects are weakening. The jobs report for May showed that hiring is still expanding at a healthy rate. Manufacturing and services sectors...
