88 insights found
Now it gets tough
The second quarter was disastrous for society and the global economy. The danger on both fronts is passing only slowly.
The call on future growth
If companies survive, they have a chance to grow in the recovery. The credit backstop has helped the chances of corporate survival in most developed markets. It is tough, no question about it.
R-rate risk rise
Equities sold off this week as it became clear that the path to normalisation is not an easy one. Infection rates are rising in many parts of the United States and emerging markets, even while they a ...
Back for good?
The ECB and the German government added to policy support in Europe this week. This further fuelled the cyclical risk-on behaviour of markets. Returns are positively skewed, and dispersion has fallen ...
Sentiment in markets has been positively impacted by signs of increased activity where lock-downs are starting to be lifted. This could continue as more restrictions are eased and consumers emerge fr ...
Something for every view
The future is always unpredictable but when the recent past has been so strange the outlook is even more clouded. That makes investment decision making hard and trying to assess whether markets are a ...
Four strands of a medium term view
Recovery momentum in markets has faded in the last couple of weeks.
Risk premiums in phase 3
Recovery momentum in markets has faded in the last couple of weeks. The policy support will be there for a long time but investors have to now decide whether risk premiums are sufficient for the unce ...
Smelly Sludge not Black Gold
Oil prices peaked 12-years ago. This week there was excitement amongst some financial commentators that prices had gone negative.