Market Insights, Market Outlook
Bond markets have been a challenge for investors this year. Rising rates have led to losses in “defensive” assets. In this month’s bitesize insights, we share our changing view on government bonds – upgrading them to Neutral as income and downside...
Market Insights, Market Outlook
Government bonds have had an extremely difficult start to the year. Inflation has surged around the world. Developed market central banks have been forced to hike rates. Markets have priced in aggressive further rate hikes over 2022. Longer-dated government bond...
Market Insights, Market Outlook, Medium-Term Global Outlook
We have been publishing a Medium-term Global Outlook since 2019. In each year, the team and I have deliberately aimed to look beyond the next 12 months, and instead focus on adding value to our clients and partners through the medium-term. This means we spend less...
Market Insights, Market Outlook
Cryptocurrencies had a challenging start to May. Terra Luna, a stable coin that had been among the largest market cap currencies, collapsed in May. The currency was pegged to the USD, but rapidly lost the peg to fall to less than $0.001 by 13 May. The collapse has...
Market Insights, Market Outlook
Cryptocurrencies had a challenging start to May. Terra Luna, a stable coin that had been among the largest market cap currencies, collapsed in May. The currency was pegged to the USD, but rapidly lost the peg to fall to less than $0.001 by 13 May. The collapse has...
Market Insights, Market Outlook
Global bonds have faced a terrible start to the year. The 6.2% decline in the Bloomberg Global Agg index is the worst start to the year since we have data from the early 1990s. And it is the third worst quarter on record since then. In Australia, the broad Australian...