Strategy

 

Strategy

Turkey under the grill

The temperature's roasting and the Turkish economy is under the spotlight. With President Erdoğan fighting financial markets, the contagion is spreading fast. So which parts are overdone and are there any tempting morsels worth trying? Here are our latest thoughts from Bloomberg TV. 

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Strategy

Will equities rally ahead of the US mid-terms?

History suggests that equities struggle to make gains ahead of US mid-term elections. With anti-trade rhetoric likely to feature in this autumn’s campaign, this time is unlikely to be different. On the other hand, we have also learnt to be prepared for the opposite with President Trump.

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Strategy

Eureka: the Archimedes principle

Is there an Archimedes principle at play in financial markets? As central banks withdraw liquidity by shrinking their asset holdings, does it inevitably imply bad news for investors? We look to theoretical, historical and contemporary clues to find out.

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Strategy

When swimming naked becomes embarrassing

“You only find out who is swimming naked when the tide goes out” (Warren Buffett, 2001). In bull markets, market risk is often the most important driver of performance. However, we should pay attention to bottom-up investors in both equity and credit markets as they can add value in spotting turning points and identifying areas where investors may find themselves overexposed. 

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Strategy

Could unreliable weather be a reliable return source?

True diversification requires looking for independent return streams. You normally cannot rely on the weather, but in investments that lack of reliability is an interesting feature.     

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Strategy

Top 7 things to know about equities...

Having worked as an equity strategist for well over a decade, I’ve lost count of the number of times I’ve had the debate on ‘what happens to equities when bond yields go up?’. And for most of that time bond yields were in the ice age and falling! To cut down on some future deja-vu, here's my Top 7 list of things to consider about equities when bond yields go up.

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Strategy

Five Star Radio

The new political paradigm has thrown up another populist government in Italy, threatening the European project. Meanwhile in the US, could "Operation Twist Again" come into play as investors stress about ever-flatter yield curves?

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