Vaccination Variation
Johnson and Johnson’s news that the vaccine is effective against the Delta variant should help to allay fears that the world is about to experience a round of upheaval similar to early 2020. There is no question that the pandemic has acted as an accelerant. It forced migration and adaption to new conditions in a […]
The Great Unwind
Perhaps in contrast to the common conception, we believe the biggest trend in the world isn’t Bitcoin or the FANGMAN’ stocks, (Facebook (now Meta), Amazon, NVIDIA, Google, Microsoft, Apple and Netflix), but rather a much more plain straight buttoned candidate in bonds. Yields topped out in 1980 and ever since interest rates have been virtually […]
Planes Trains and Automobiles
We believe that vaccine prospects are likely to make 2021 a year of global economic recovery. While markets have already priced in much of a return to normality, the ongoing fiscal and monetary stimulus appear to have the means to power a corporate profits rebound until further into the year, particularly whilst central banks remain […]