SURPRISE: The UK and Europe’s largest stocks are on track to grow earnings 7% in Q1. This continued resilient performance is led by rebounding profit margins, the opposite of the...

Insurance is a unique product. We pay for it, but we hope we never actually have to use it. Yet, homes do get burgled, cars do get dented, flights do get cancelled, and pets do...

SUPPORT: Markets are braced for a stall in US inflation declines, against a nervy backdrop of a banks scare and debt ceiling showdown. Historic inflation days have seen typical 2%...

MIRACLE: Agricultural products are 30% of total commodity markets by trading activity and production volume. Soybeans and its oil and soybean meal by-products are the world’s 2nd...

LUXURY: The sector is up 23% globally this year, neck and neck with semiconductors as the world's best performing industry. It has powered France and Italy to double digit market...

STEALTH: China’s economy is recovering, inflation is low, and stock market P/E valuations are near half of US averages. Yet China’s equity markets have not performed well this...

SHORT TERM: Price of European carbon emissions allowances has fallen with commodities in recent months. It’s now below the symbolic €100/tonne of CO2 reached for the first time in...

OUTLOOK: Markets have continued to positively surprise, and we see further gains ahead. The long-duration heavy stock market will disproportionately benefit from peaking Fed...

Takeaways from First Republic Bank and implications for the US banking system and economy SUMMARY: First Republic Bank has been taken over by JP Morgan. This may be the last of...

VIEW: ‘Sell in May and go away’ is one of the most famous adages in finance. This stock market seasonality is strong and very well-supported by the data (see chart). It is even...