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

Jun 21, 20224 min read

Do Trends Exist?

It's not about cycles and trends, but pattern and randomness

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...

Dec 1, 20193 min read

The Liquid Illiquid Solution

There is little doubt that low interest rates have been causing savers and investors difficulties in recent years. In decades past, not...

May 31, 20193 min read

An Unwelcome Comeback

In last month’s column I wrote about the yield curve – the difference between long-term and short-term interest rates – and how its...

Sep 30, 20183 min read

Inflation Warning Flashes Red

Renowned economist Milton Friedman wrote: “Inflation is a disease, a dangerous and sometimes fatal disease, a disease that if not checked...

Jul 31, 20185 min read

Am I Right to Worry About Higher Inflation?

Am I right to worry about higher inflation? Followers of our funds and my writing will know that we have been reducing risk in...

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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