The American people have spoken; it just may take a while to figure out what they said. Since voting closed on Tuesday night, the US election has been nothing short of a rollercoaster. When initial results started filtering through, it looked like predictions of a comfortable Joe Biden victory were well wide of the mark.…
Here we go again. Having had our fun, and eaten out to help out over the summer, the UK public is back indoors for the rest of November. What the government was keen to prevent still came as hardly much of a surprise last Saturday, given rapidly-rising hospital admission numbers, the tiered shutting of regions…
The up and down markets of September resulted in what we described as a flat overall picture of consolidating markets. At first, the picture for October looked much the same, but ended with a more pronounced sell-off over the past two weeks. The looming uncertainty of the US elections, together with the return of lockdowns…
We wrote only last week that markets hate uncertainty. Given that equity, bond and commodity markets are all quite a lot stronger at the end of this week, many investors must have gained clarity, if not optimism. There are a lot of important things going on, too many to cover adequately even in our weekly,…