The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Jun 1, 20224 min read

Winter of '69

Winter of '69 I see little sign of such honesty and humility today which is concerning to say the least.

Jan 1, 20224 min read

Clear and Present Danger

At the time of writing, global equities are up around 17% in US dollars year to date. Sterling weakness has added a further 3 percentage...

Jun 30, 20213 min read

A Game of High Stakes

Inflation has been on the rise recently in the UK and around the world. Is this rise transitory, as central bankers are saying it is, or...

Jan 1, 20213 min read

Lessons From the Chimps

In a recent op-ed, IMF chief economist Gita Gopinath noted that: “For the first time, in 60% of the global economy – including 97% of...

Jul 31, 20203 min read

Pick Out Persistent Themes

To invoke US conglomerate Berkshire Hathaway’s vice chairman Charlie Munger: if investing is not thematic, what the hell is it? Here is...

Jun 30, 20203 min read

Is Dividend Investing Dead?

In general, stocks that pay out as dividends either nothing or a low portion of profits have, in recent years, been outperforming those...

May 31, 20204 min read

Gold is No Longer for Fools

As many will know from bitter experience, a crisis often has two stages. The first is the crisis itself, whether a natural disaster that...

Where's My Cycle?

An update on where I think we are in the business cycle with respect to growth, inflation and markets

Correlation or causation?

Data is too often presented in an unfair, unclear and misleading way

Dear John

Liontrust's John Husselbee's arguments in support of balanced funds are lame

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