Given the choice, I’d have liked this letter to be written amid a more stable market backdrop, but of course markets are very hard to predict and impossible to control! So, what is going on in markets? What is going on right now is arguably a continuation of a much less predictable market backdrop that […]
What a start to the year it has been! February was yet another eventful month, book-ended by an announcement regarding tariffs on Canada, Mexico and China on the first day of the month and the now infamous Oval Office meeting with President Trump, Vice President Vance, and President Zelenskyy on the last day of the […]
It was a strong start to 2025 for markets, with both equities and bonds delivering broadly positive returns in January. In equity markets, we saw Europe come out of the blocks quickly (up 8.2% on the month) and outperform the US (up 3.6%). In his inauguration month, Donald Trump continued to dominate the headlines, while […]