September 2021 Mid Monthly Update
The US and UK inflation reports have just been released. US inflation in August was less elevated than anticipated. Does that mean that US inflation’s recent spike is indeed transitory?
Torpor Tantrum Many column inches have been written in June on the subject of inflation and especially the US Federal Reserve’s view of it with regard to changes in US monetary policy. Analysing each word and phrase by Fed Governors to detect changes in nuance would send many to sleep but for financial journalists and […]
May 2021 Review Weather Report – April showers in May Having witnessed a record dry month in April, we have just endured one of the wettest Mays on record – fortunately, the persistent precipitation abated in time for the bank holiday weekend. It’s almost as if April and May were the wrong way around and […]
March 2021 Review Reflating & Re-floating There were a number of moving parts to financial markets in March, perhaps more than usual. The pursuit of normal, or a new normal, continued to progress in the UK and US due to the efficient roll-out of vaccinations in both countries. This was less apparent in the European […]