Bond bears are growling louder and that poses a serious question for equity investors. When should they really start worrying about rising 10-year...
A vast policy response from governments and central banks has averted the worst of the financial pain from the Covid-19 crisis, leaving investors to...
As the first quarter ends, equities are sitting on solid gains even as a rally in government bonds has left yields in Germany negative for the first...
A divided Washington has unified around an unlikely issue: the record pace of share buybacks by US companies. This rare unity heightens the risk...
The dollar’s status as the world’s reserve currency and the vast US government bond market ensures the Federal Reserve’s status as the...
Trying to predict markets is a perilous task at the best of times. That certainly appears the case now, given the hangover investment funds are...
As we approach the end of an economic cycle, balance sheets are of paramount importance. It explains why investors are becoming worried about the...
When credit starts looking dicey, investors quickly pay attention and for good reason. The malaise afflicting European and US credit markets summons...
When markets tumble the collective need for a clear explanation becomes overwhelming. People who are usually indifferent to the performance of...
After a big week for financial markets, buckle up, the rollercoaster ride has only just started for investors.
Central bankers and equity investors can find common ground on one topic. At a time when inflation is not a problem and bond yields suggest a...
Until this week, markets were not expecting the UK election to offer any twists, let alone a shock redolent of last summer’s Brexit vote.
For global investors and, indeed commentators, China remains a fascinating subject and one that carries a health warning.
In many walks of life, consensus is a desirable outcome. For markets, it can represent a dangerous case of complacency. Three big trades are...