Friday, 16th of October 2020 “Nothing is so permanent as a temporary government programme.” – Milton Friedman ________________________________________ The pandemic continued to ravish the US, Europe, and much of EM Asia this week, driving significant dispersion across (and within) equi...
Friday, 9th of October 2020 “No one would have doubted his ability to reign had he never been emperor.” – Tacitus ________________________________________ The stock market rally gathered momentum this week as President Trump made a rapid recovery from covid-19 and returned to the White Ho...
Friday, 2nd of October 2020 “You never know what worse luck your bad luck has saved you from.” – Cormac McCarthy ________________________________________ Trump finally has coronavirus. For a man who takes so many flights, holds so many rallies, and shakes so many hands in his role as...
Friday, 25th of September 2020 “To reach a port, we must sail – sail, not tie at anchor – sail, not drift.” – Franklin D. Roosevelt ________________________________________ Stock markets continued to decline this week as concerns about the coronavirus winter wave underway in Europe c...
Friday, 18th of September 2020 “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” – Benjamin Graham ________________________________________ Markets have been very mixed this week with participants unsure of how to interpret a confusing ...
Friday, 4th of September 2020 “Marry the spirit of your own generation and you will be a widower in the next” – William Ralph Inge ________________________________________ The market melt-up came to a sudden stop on Thursday when US equities sold off sharply and investors simultaneou...
Friday, 21st of August 2020 “The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Philip Fisher ______________________________________ Equities have seen mixed performance this week as concerns over US trade policy and the ‘phase ...
