Global Strategy

The Virus is Burning Itself Out, Buy Stock Market Weakness

October 13, 2020

Joe Biden’s most important running mate, Covid-19, has clearly turned massively in his favour. The 7-day average daily new case…

October 6, 2020

Is this really the top for Big Tech’s leadership of the US stock market, and the related unprecedented relative outperformance…

September 29, 2020

The Federal Reserve has duly delivered on the expected softening of the inflation target in the latest FOMC meeting in…

September 22, 2020

Gold's Resilience Despite Weak Physical Markets in India & China Gold continues to behave in a resilient fashion having been…

September 14, 2020

The US Treasury bond market has started to sell-off in recent weeks, in line with the base case here of…

September 8, 2020

Trump's Anti-China Theatrics It has become almost a pantomime. Grizzle refers to the slew of anti-Chinese measures announced by the…

August 31, 2020

COVID-19 Cases: Contained in America, Surging in Europe It continues to look as if new cases may have peaked almost…

August 25, 2020

European Fiscal Union & US Dollar Weakness There have been several reasons why the US dollar has weakened in recent…

August 19, 2020

Barbell Strategy of Cyclical & Growth Stocks The base case remains that cyclical stocks will enjoy renewed outperformance, as they…

August 11, 2020

US COVID-19 Data Improving Attention remains front and center on the data for cases and deaths in America. In the…