The extraordinary fall of Bashar al-Assad has taken mere days. The Islamist Hayat Tahrir al-Sham (HTS) - made up of the remnants of Al Qaeda (!) - has taken effective control of the country. What are the implications for global investors?...
The US High Quality (USHQ) portfolio has performed mostly on par versus its SPY benchmark YTD. However, USHQ still exhibits lower drawdown and volatility versus the SPY. Heading into year end, we are confident that USHQ's performance will remain intact, with out-performance on a risk adjusted basis ...
I have been generally sceptical of the reflationary aspects of the so-called Trump trade. If Trump's first term is any guide, lower tax rates will have little impact on business spending while higher tariffs are unlikely to trigger much reshoring of manufacturing activity. Meanwhile, rising debt-ser...
This week, we send you a Style Chart Pack without a front section. We are currently working on the 2025 outlook, which will be released on December 9....
A change in government is the likeliest outcome of the next election, but the pre-election period will be stretched to ensure that the recently announced stimulus trickles down to voters. The next Prime Minister must face President Trump on top of dealing with domestic housing challenges. Go long Ca...
