October 2020 Update

Since 1932, an incumbent US president has never failed to win re-election, unless a recession has occurred during their time in office. If Trump loses…

September 2020 Update

Equity markets have been relatively quiet since June, with the big news being the devaluing US Dollar and the gold price. Our portfolios have all…

JUNE 2020 UPDATE

Early in June we had a continuation of rising prices for risk assets as expectations of a decent economic recovery were underpinned by further lockdown…

‘Don’t Fight The Fed’

In markets there are certain truths which are learnt (and often forgotten).

May 2020 Update

2020 continues its extraordinary trend and, so far, April has taught us that the price of oil can in fact go negative. With oil storage facilities around…

April Update 2020

March 2020 was a long month. Whilst it made our jobs here more exciting than normal, sadly there has been human tragedy. I suspect that we are all a bit…

Corona Update March 2020

"In a crisis, be aware of the danger - but recognise the opportunity." JFK (irony acknowledged).

Oil Sell-Off March 2020

Apologies for the seemingly constant updates but in my experience, during times of negative volatility clients tend to prefer to have more information.

March 2020 Update

As you are no doubt aware, the last week of February saw the largest equity market sell off since what the media now call 'the Great Financial Crisis'…

February 2020 Update

The supposed key event in January was the UK leaving the EU on the 31st... The bigger global event affecting financial markets is the yet-to-be-named new…