News & Insight

Equity markets have regained their poise after March’s mini banking crisis; In our view, however, investors are travelling much too hopefully. The tightening of credit availability is likely to prove a further turn of the screw. In this note we review recent developments and present the evidence for continued caution.

In this note we look behind the equity market strength to developments in some of the economic data and consider the likelihood of inflationary pressures dissipating without a significant economic slowdown. Our conclusion is that we are not yet ‘out of the woods’, and we continue to recommend caution.

In this note, we revisit a key lesson from last year, try to put some context around the derating of equities with help from Wall Street legend Peter Lynch and consider what this implies for investment markets and portfolios as 2023 begins to take shape.

In this note we review how economic developments have shaped markets in 2022 and begin to explore how the investment landscape might look in 2023.

According to the Wall Street Journal, 2022 thus far has been the worst year for US government bonds since 1842. Other bond markets have fared no better.