Much of the article that follows was published in the Tatton Weekly in January 2018, when crypto currencies like Bitcoin last hit ‘stratospheric’ levels and generated elation among pundits. Since then, the traded value of Bitcoin fell within a year from around $17,500 to $3,800 (a loss of 78%), only to have staged a comeback…
In the long run-up to last year’s US election, Joe Biden was seen as the uninspiring compromise candidate. An old establishment Washington D.C. type, with decades of top-level political experience and firm centrist credentials. Now President, he fended off challenges from the left of the Democratic Party and gave observers a sense that the status…
n our private lives, the first few months of 2021 were much the same as 2020 – unfortunately. Britain, and indeed the world, suffered more COVID cases, more fatalities and, once again, tighter restrictions. For investors, though, it was a different story. Despite a global economy frozen in motion and the deepest recession ever recorded,…
Following a strong first quarter for equity investors worldwide, the second quarter is off to a good start as well, with most global stock markets already up by a few percentage points. While the sense that stock markets are potentially getting ahead of themselves is nothing new, the renewed surge of large-cap US tech stocks…