by James Weir | Nov 22, 2023 | Opinion Pieces
It’s never happened before: bonds are about to deliver a third year of negative returns. The BofA Merrill Lynch 10+ Year Treasury Total Return Index in the US was recently more than 40% off its highs – more than double its previous worst drawdown. It’s left a lot of...
by James Weir | Oct 25, 2023 | Opinion Pieces
In September last year, Bloomberg reported that 100 per cent of surveyed economists expected the US economy to recess in early 2023, and strategists were warning of calamitous markets ahead. Of course, that didn’t happen, and whilst GDP growth of a smidge above 2 per...
by James Weir | Sep 26, 2023 | Opinion Pieces
Emerging markets are cheap. The problem is, they’ve been cheap for most of the last decade, and have failed to deliver on their promise. Over the past 10 years, the disparate collection of 24 countries bundled into “EM”, which range across Southeast Asia to South...
by James Weir | Sep 5, 2023 | Opinion Pieces
Ancient sailors dreaded The Doldrums, a region near the equator whose atmospheric peculiarities would rob them of wind, leaving boats becalmed while the crew watched their supplies dwindle and cabin fever took hold. It took patience and faith that conditions would...
by James Weir | Jul 31, 2023 | Opinion Pieces
Over the first half of this year the US’s tech heavy NASDAQ index had one of its best ever starts to a year, rising 32 per cent and even the much broader S&P 500 rose a barnstorming 17 per cent. Investors could understandably be left wondering how the share market...
