Japan – beyond the carry trade
Bonds, ballots, and the Elephant in the Room
Three themes have been shaping portfolios through the summer: politics; bond yields; and (inevitably) AI. The collapse of the US-Iran ceasefire has pushed oil prices higher again, but not (yet) to levels which threaten more significant disruption to global business.
Markets refuse to blink
Markets have had plenty to digest over the summer. Yet they remain remarkably resilient.
Bond yields rise in this summer markets
Amid geopolitical uncertainty, economic growth remains robust and financial markets continue to show resilience.
Geopolitical risk, economic resilience
Markets continue to be shaped by a range of macroeconomic, geopolitical, and policy developments.
Hot headlines, cool markets
Markets have weathered another wave of geopolitical uncertainty with surprising resilience.
Chips: Moore spending
Middle East hostilities are intensifying; not one, but two maritime chokepoints are supposedly closed, and Brent crude has hit the psychologically threatening $100/bbl level once again.