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Political Turmoil

Jul 2, 2024

6:11 am

• US politics in state of flux and still five months to go • US equity market doesn’t agree with the Fed’s view, but the bond market does agree • French politics in a state of flux • The ECB may be called to soothe the nerves of investors in the French bond market •…

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China’s Opportunity – Not To Be Missed

Jun 25, 2024

5:36 am

• The Third Plenum of the 20th Communist Party of China Central Committee should deliver news of structural change. • After the recent pause in equity market performance, we see upside risk for the market. • A rally may depend on the engagement with a domestic investor who historically has not favoured equities. There is…

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Opportunity Out of Adversity?

Jun 18, 2024

8:45 am

• The Fed downgrades its expectations for rate cuts, however the market disagrees • US interest rate sensitive stocks could rally after some painful underperformance • French politics is all at sea, but the French equity market has probably fallen too far The Fed doesn’t believe in significant early rate cuts – but the market…

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Investment Strategy

Jun 12, 2024

9:53 am

• Global economy faces headwinds. • India’s growth remains resilient despite global challenges. • Indian bonds are likely to be range-bound as the RBI counterbalances bond inclusion cheer. • Better value in large-cap relative to mid and small-cap stocks in the medium term. Goldilocks to Stagflation Over the past several months, the U.S. economic commentary…

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