by Awatson | Sep 9, 2019 | UK
Increasingly, many developed world countries’ fixed-interest securities’ yields have gone sub-zero. German government debt yields are currently negative out to 17 years.i Japanese? 15 years.ii Whilst negative long-term rates in Germany and Japan aren’t particularly...
by Awatson | Aug 7, 2019 | UK
Over two months after UK and EU leaders delayed Brexit, things are looking a bit grim, in our view. UK politics seem in chaos to us. Factories are reeling, with April factory output its lowest since 2002, causing monthly gross domestic product (GDP, a...
by Awatson | Jul 2, 2019 | UK
The yield curve charts a country’s interest rates across all loan maturities—from short-term rates set by the central bank to long-term government bond rates traded in the marketplace. It is widely thought to be a reliable leading economic indicator. Here we explain...
by Awatson | May 9, 2019 | UK
Spring has sprung! And with the warmer temperatures, sunnier days and budding flowers we expect another yearly regularity to hit soon: financial media’s warnings you should exit equities before the annual summer doldrums hit markets – to sell, that is, in May. But in...
by Awatson | Apr 26, 2019 | UK
Legend has it Albert Einstein called compound growth the eighth wonder of the world—“the most powerful force in the universe.” However, you don’t need to be a genius to understand how compounding works. Compounding’s core concept is earning a return on returns. Take...
by Awatson | Mar 19, 2019 | UK
In early February, Italian Co-Deputy Prime Minister Luigi Di Maio met with France’s Gilets Jaunes (Yellow Vest) protestors. The leader of the populist Five Star Movement (M5S) thus triggered a diplomatic row, with French Prime Minister Emmanuel Macron recalling his...
