The GameStop saga is not about altruism or financial democracy, more likely greed and a dollop of vengeance. But lessons ought to be drawn,
The Game Stops Here
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An Important Week
A combination of the peak of the 4th quarter earnings season, political wrangling over the Biden Administration’s proposal to stimulate
Doubt is Good
Believing erroneously in certainty is perilous — investors should be wary of certainty’s close cousin, consensus thinking.
Making Sense of the Nonsensical
The past week was marked by shocking images of violent protestors occupying the US Capitol, yet the horror barely registered in financial
Is Good News Bad News?
The key risk to the markets in the year ahead is mistaking good outcomes for good news — the outcomes we all fervently hope to see are,
Investing in 2021: Willful Ignorance or Calculated Risk?
2020 has been a year of calculated risk. But periods of strong returns often spawn complacency and excessive confidence.
Brexit Games
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
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
Fasten Your Seatbelts
Flagging growth, depressed earnings, the risk of rising Covid-19 infection rates and unprecedented US election risk are forces that not even
Head Fake
The S&P 500 is down more than 7% in September, the Dow Jones 6% and the Nasdaq Composite more than 10%, into correction territory.
The Times, They Are a-Changin’
Bob Dylan’s lyrics resonate today against a backdrop of social and political unrest unlikely any time seen since he penned them. And even
The Cruelest Month
September, and October, will probably contain a few nasty surprises. Get ready.
Chadwick Boseman Tribute
A Marvel Tribute to Chadwick Boseman
Politics, Just Not Now
The choices voters will make in the US, Germany and Japan, could not be more consequential. No less may be at stake than the fate of liberal