As the final weeks of 2020 wind down, investors should prepare themselves for the United Kingdom crashing out of the European Union in a hard
Brexit Games
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Eight Reasons to Worry About Inflation
It is time for investors to consider the possibility of rising inflation, which is now more probable than at any time in the past two decades.
Market Outlook 2021 – The Great Rotation
One year ago, if we were told the following twelve months would witness the worst global pandemic since 1918, precipitating the greatest global
Unconventional Wisdom
Promoting recovery with all tools – monetary, fiscal and public health – should be the sole macroeconomic priority of the Biden Administration,
Is it Time for a Full-Fledged Rotation?
Rotation in markets is the next big opportunity. Value has a lot of room to make up for a decade of underperformance. But sometimes it pays
Why Wall Street Likes What It Sees
The 2020 elections may have delivered mixed political messages, but for investors the news is mostly positive. Here are the key take-aways.
A House Divided
Abraham Lincoln said that a house divided cannot stand. So, where does that leave us now?
Win, Lose Or Draw?
In our view, the only unambiguous ‘win’ for risk assets is a ‘blue wave’, where Democrats convincingly win the White House and the
Are Democrats Bad for the Economy?
A common misperception is that Democrats are bad for markets. Such fears find little foundation in fact.
Unpacking Emerging Markets
The events of recent years—trade conflict, geopolitical risk and the Covid-19 pandemic—have laid bare that extreme differences exist among
It’s A Humpy Bumpy World
As 2020 draws to a close, investors are confronted with a binary challenge. How should they proceed?
The Fog of War
In this time of extreme flux, perhaps the only definitive statement that can be made is that political, policy and economic sources of uncertainty