September 5, 2017 The last week of August was a tumultuous one for the people of Texas as Hurricane Harvey hurtled through the region leaving unprecedented rainfall (up to 50 inches) and devastation in its wake. With damage estimates at $38 bn and mounting the...
The autumn is traditionally a time of re-birth and new beginnings, from the back to school frenzy to the changing leaves and shifting winds. Last week Taylor Swift riveted popular culture with her new album and attempt to shed (like the skin of a snake) her previous...
We have written before at length about the active to passive shift and the fact that ETFs now dwarf hedge funds in terms of total assets with over $4 trn in assets globally. It is not hard to see the appeal or rationale for this shift either, particularly as active...
July saw global markets continue their ascent, although momentum was negative for the USD. The S&P rose by 2.1%, led by financials and tech stocks, while in Europe financials dominated, rising by 2.7% in Euro terms (DJ Stoxx 600 Banks). The FTSE was also strong...
As we near the end of July markets continue on their tear, today they were boosted by corporate earnings such as Caterpillar and McDonalds, who beat earnings expectations and showed evidence of growth elsewhere. US markets pressed higher, while other indications of...
