This has been one of the most begrudged share market rallies in modern times. Our chief investment officer, Julian Chillingworth, explains why political deadlock may help it continue.
The bland commercialisation of Hallowe’en isn’t the only thing David Coombs is dreading: October is typically a terrible month for share markets. Still, our head of multi-asset investments has an instrument creepier than Freddy Krueger to keep the kids and market slumps at bay.
Europe has long been seen as the unloved problem child of developed markets, beset with fiscal problems, threatened by disintegration and unable to escape from chronic underperformance. Now it’s the new favourite. But can Europe justify its new-found popularity and higher valuations?
Everybody knows one of those inveterate gamblers who’s always at the pub crowing about the latest long-shot bet that netted him a fortune. You never hear him mention all the punts that failed.
You might have read or heard about it: ‘blockchain’ is the financial disruption buzzword of the moment.
Economists are a little jinxed right now. Whatever they say is likely to happen, the opposite has a funny way of showing up.
Like millions of others, I’ve been watching Broadchurch, anxiously waiting to see if Mark Lattimer has finally jumped off those iconic cliffs. Unlike millions of others, looking at that sheer drop in Dorset has begun to remind me of asset markets.
No room for complacency
We are now three months into a post-referendum world – not post-Brexit, as some people have slipped into thinking.
The thick end of a tax wedge
As tax bills go, €13bn plus interest is pretty hefty, even for the largest company in the world. Apple has found itself on the wrong side of EU competition commissioner Margrethe Vestager’s ruling about its decades-old tax agreement with Ireland.