US recovery kicks into gear… and we still have the stimulus to come
President Biden’s $1.9 trillion stimulus package was passed last week. We expect this to provide a significant boost…
Rate Rotation Fears – Keep Calm & Carry On
In the past two weeks we have seen rising concerns of a potential rotation away from sectors in…
Inflation concerns are overblown (for now), meanwhile markets stabilise near record highs
Last week, James Bullard, President of the Federal Reserve Bank of St Louis, spoke to reporters at CNBC.…
The tide is turning and the route to recovery is becoming clearer
If 2020 was a year where our civilisation was on the defensive against the pandemic, 2021 is the…
Was the GameStop fiasco a blip… or does it augur a new normal for markets?
Two weeks ago, markets witnessed the organised targeting of short sellers by retail traders. To recap: retail traders…
The wise warrior avoids the battle
Last week saw retail traders take on institutional hedge funds which, in the case of several funds, quickly…
America goes for a ‘recovery first’ strategy… fiscal and monetary prudence can wait
Joe Biden was inaugurated as the 46th president of the United States last Wednesday. In the run up…
The vaccination effort kicks into gear… in some places
A total of 35 million COVID vaccines have now been administered globally, with 12 million so far in…
Never bet against America
Last week the world watched in shock as a violent crowd broke into the US Capitol Building as…
The storm before the calm
We start the new year with the global economy in its most challenging state since 2009. The COVID…