Friday 22nd April, 2022 ______________________________________ The global economy is set to slow sharply this year, while inflation continues to soar. That is the central forecast in the most recent IMF World Economic Outlook report, released on Tuesday this week. It accords with our macroeconomi...
Friday 1st April, 2022 ______________________________________ Global equity indices have now recovered the lion’s share of the losses sustained in late February and early March following the Russian invasion of Ukraine. The war is ongoing, and it remains a source of considerable market uncertai...
Friday 18th March, 2022 ______________________________________ Despite the uncertainty caused by the Russian invasion of Ukraine, Fed policymakers went ahead with a 25bps interest rate hike this Wednesday, as expected. The decision to raise rates after nearly two years of unprecedented monetary e...
Friday 4th March, 2022 ______________________________________ The Russian invasion of Ukraine has sent shockwaves around the world and through financial markets, sparking drawdowns on equity indices and a flight to safe havens and commodities. Although Western intelligence agencies had been warni...
Friday 18th February, 2022 ______________________________________ Financial markets have had a challenging month in February so far, as the risk of an imminent (further) Russian invasion of Ukraine has competed with soaring inflation in the US, Europe, and beyond for the attention of investors. B...
Friday 4th February, 2022 ______________________________________ We highlighted in our last newsletter that 2022 had started with quite the bang as fears over inflation and expectations of accelerated tightening cycles from global central banks – most notably the Federal Reserve (Fed) – had d...
Friday 21st January, 2022 ________________________________________ Since the start of 2022, there has been a substantial correction in high growth equity sectors driven by the roaring rally in interest rates across developed market (DM) sovereign curves. The biggest moves in bonds and equities ha...
