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

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...

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...

Feb 1, 20183 min read

Monthly Review and Outlook

January on the whole saw economic data releases that were consistent with key economies either having entered expansion phase or...

Aug 31, 20163 min read

An Interesting Essay by San Francisco Fed President, John Williams

Having written about secular stagnation and the natural rate of interest in my August letter, it was interesting to see San Francisco Fed...

Mar 31, 20164 min read

EM Growth Needs to Recover to Pre-Crisis Levels

The volume of opinion surrounding emerging markets can, at times, seem deafening. For simplicity’s sake, I will discuss just two key...

Jan 1, 201612 min read

2016 Investment Outlook

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. This investment...

Jul 1, 20134 min read

The Evolution of Multi-Asset Funds

To understand why multi-asset funds have evolved it is vital to understand two key things about traditional balanced funds: first, how...

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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