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Our Predictions and Hopes for 2021

Jan 4, 2021

12:31 pm

Global markets – A year of two halves As we enter 2021, it is evident that the policymakers are still very engaged in supporting the global economy. Their support will help maintain global activity at a time when we still see the impact of the virus. However, as we move into the second half, year-on-year…

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Lessons from 2020

Dec 21, 2020

1:01 pm

• Debt is not a problems unless you are small • The biggest risk to everything – inflation. • Government bonds are for risk hedging not income • US global political power may just have (really) peaked. • Policymakers may remain in denial of risks to mankind despite the warning from COVID. • North Sea…

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Credit in 2020 – the Default Tsunami that became a Ripple

Dec 14, 2020

2:45 pm

• November In Q2, a colossal default wave looked to be crashing down on markets • Into 2021, default risk has been mitigated, but sectors and regions face continued issues • Absent a return to crisis mode there is still value to be found • Regional differences will persist and present threat and opportunity in…

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Sanguinity

Dec 9, 2020

1:41 am

Global Macro and Equities As Covid19 vaccine inches closer to reality for millions of people, it feels like normalcy is back in the line of sight. One may argue that globally cases are still rising, but lower fatalities in the current wave is a respite. We are seeing signs of a return to normalcy in…

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