News and Analysis

Summary Market tip-toeing towards taking more risk Investors turning less defensive as rate cuts on the horizon. Cuts typically start next bull market. Stocks move ahead of...

HELP: Lower long-term US government bond yields have been a big help for equities this year. They have boosted the present-value-of-future-cashflows and pushed stock valuations...

SUPPORT: Consumption dominates the US economy, at 2/3 of GDP, and its resilience the biggest reason it’s not in recession. The good news is consumers still have significant...

HEALTHCARE: S&P 500’s second largest sector is down this year, held back by ‘big pharma’ after its large 2022 outperformance. The Inflation Reduction Act hastened pricing...

“Too big to fail, too important to ban.” How a former skeptic became a Bitcoin advocate This week, in place of our usual weekly crypto roundup, we bring you a special post. On...

El NINO: There is now an estimated 90% chance of an El Niño weather phenomenon later this year. This could bring further supply disruption to volatile global agricultural and...

Summary Retail voting power set to rise Its time for retail investors to have say as enter the peak annual general meeting (AGM) season. It decides everything from board...

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...

VOTE: Turkey votes for a new President and parliament this Sunday, May 14. The Presidential winner needs 50% of the vote to avoid a May 28 run off. It’s likely the most important...

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...