What the Brexit Deal Means for Equities

What the Brexit Deal Means for Equities

On 24 December 2020, UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed on a post-Brexit trade deal, ending a saga that triggered widespread concern from investors for over four years. Whilst the Brexit deal helps investor...
US Political Gridlock Can Be Good for Stocks—Even Non-US Stocks

US Political Gridlock Can Be Good for Stocks—Even Non-US Stocks

Emotions and tensions are running high in the wake of America’s recent elections. Yet, stocks have pushed forward, reacting in their typical cold, emotionless, forward-looking fashion. Why? Because stock markets focus not on any particular political race’s outcome,...
Fisher Investments UK’s Year-End Financial Checklist

Fisher Investments UK’s Year-End Financial Checklist

If ever there were something to cheer about, we suspect 2020’s end tops the list for many people. In addition to being cause to celebrate, we think it is also a good time to conduct an investment portfolio checkup—something investors benefit from doing periodically....
Fisher Investments UK on Today’s Allegedly Expensive Equities

Fisher Investments UK on Today’s Allegedly Expensive Equities

Global markets have recovered considerably since their year-to-date lowpoint in late March, and as we write, they are a little bit above their pre-COVID lockdown highs.i Yet the MSCI World Index’s price-to-earnings ratio—which attempts to measure whether share prices...
The Trouble with Recency Bias, According to Fisher Investments UK

The Trouble with Recency Bias, According to Fisher Investments UK

In Fisher Investments UK’s experience, investors often think what just happened will continue happening. Behavioural finance—a school of thought in investing that studies the relationship between human behaviour, feelings and money—has a term for this: recency bias....