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Review of the week: The good oil
Last Updated: September 30, 2025
Like virtually everything else, the cost of energy is much higher than it used to be. Combined with higher interest rates, it should keep squeezing economic growth in the coming months.

Review of the week: Will interest rates plateau after peaking?
Last Updated: September 30, 2025
Will the big central banks making significant interest rate announcements this week follow the ECB’s lead and signal that rates have now peaked? And where might rates settle longer term?

Review of the week: Uncertainty spreads
Last Updated: September 30, 2025
Central bankers in the US and UK decided interest rates shouldn’t go higher in September; bond investors disagreed.

Review of the week: The Israeli-Hamas Conflict
Last Updated: September 30, 2025
This week has seen harrowing atrocities committed by the terrorist group Hamas against Israeli civilians. With so far more than 1,200 people reported to have been killed, this is the most serious cross-border attack Israel has faced in decades.

Review of the week: A Cloudy Outlook
Last Updated: September 30, 2025
Big banks are reporting strong profits so far this quarter, but how will the rest of the market fare? And is higher-than-usual inflation making people glum?

Review of the week: Same World, Different Views
Last Updated: September 30, 2025
The US House of Representatives is struggling to agree on a new Speaker as the US ticks toward a shutdown of government. Strangely, stocks seem more perturbed by strong economic growth.

Review of the week: A Lot Going On
Last Updated: September 30, 2025
There’s a veritable sea of moving parts out there in the global economy, which are keeping investors on edge. The big question is, how will they influence central bankers?

Review of the week: Up like a balloon
Last Updated: September 30, 2025
Central bankers have sat on their hands for another month, sending the prices of stocks and bonds soaring. While interest rates seem to have peaked, the full effects of previous increases are yet to be felt by households and businesses.

Review of the week: Happiness is Relative
Last Updated: September 30, 2025
After a miserable year for living standards, Brits are feeling much better about their lives and their futures. But how much will that move the dial for retail spending and economic growth?

A SPECIAL THANKSGIVING
Last Updated: September 30, 2025
Our Rathbone Global Opportunities Fund manager James Thomson celebrates a phenomenal 20 years at the helm this November. He looks back and wonders about his youthful exuberance.

Review of the week: Why not deflation?
Last Updated: September 30, 2025
A bout of runaway inflation could persuade some people that no inflation would be better than any at all. That’s a dangerous path to take.

Review of the week: An old-fashioned Santa rally
Last Updated: September 30, 2025
A gruelling year for investors actually delivered decent returns. But how much of that strong performance is in anticipation of 2024?