WeekWatch – Trade Tensions

Trade Tensions

“All diplomacy is war by other means.” So said Zhou Enlai – the architect, alongside Henry Kissinger, of the very first rapprochement between the US and the People’s Republic of China, one that found its climax in Richard Nixon’s visit to China in 1972. Since then, diplomatic shuttling between Washington and Beijing has only intensified, [read more]

WeekWatch – a positive change for US stocks

US senate Washington DC

What a difference a month makes. January, whose name ultimately derives from ‘ianua’ (Latin for door), has this year delivered on its promise of change, at least on markets. After a torrid final quarter of last year, US stocks posted their best opening month since 1987, as banks and smaller companies – in other words, [read more]

WeekWatch – World Economic Forum in Davos

World Economic Forum Davos

Stock Take The late comic Victoria Wood once said, “Life’s not fair, is it? Some of us drink champagne in the fast lane, and some of us eat our sandwiches by the loose chippings on the A597.” Last week, many of the former could be found glad-handing their way through the World Economic Forum in [read more]

WeekWatch – confusion in the commons

Big Ben

Stock Take “Would it not be easier…for the government to dissolve the people and elect another?” wrote Bertolt Brecht, the German playwright, in the 1950s. After last week, and despite surviving a no-confidence vote, Theresa May might also wish to dissolve parliament – and who can really be certain she won’t, thereby triggering an election, [read more]

WeekWatch – Wall Street lead little upward momentum

Wall Street

Stock Take “There is no subtler, no surer means of overturning the basis of society than to debauch the currency,” warned John Maynard Keynes, probably the greatest economist of the 20th century. Spare a thought, then, for Venezuelans. At the start of 2018 a cup of coffee typically cost them a quarter of a bolívar; [read more]

WeeklyWatch – Stock Take

Stock Take

Firstly, we would like to wish you a Happy New Year and welcome back! Our news articles have changed from the Market Bulletin to ‘WeekWatch’ with the usual insight into what is happening in the financial markets. These days America has two ‘Big Apples’, one on each coast, and they both pack a financial punch. [read more]

Market Bulletin – Pinball Pound

Pinball Pound

Brexit developments sent sterling careering, while fears over China and banks weighed on global markets. “Minister, Britain has had the same foreign policy objective for at least the last 500 years: to create a disunited Europe,” said Sir Humphrey Appleby, the slippery senior civil servant in the 1980s TV comedy, Yes Minister. “We had to break the [read more]

Market Bulletin – Cutting Edges

Cutting Edges

Trade tensions reached a new level on technology fears, pushing down stocks around the world. Over the long term, China can lay claim to pioneering some of the world’s most significant inventions. Gunpowder, paper, the compass and printing may be the famous four that Chinese schoolchildren memorise in school, but there are many more; among [read more]

Market Bulletin – Positional Play

Positional Play

Relationships between major powers continued to fray midweek, but a US-China trade ceasefire was agreed over the weekend. Half a league, half a league, Half a league onward, All in the valley of Death Rode the six hundred. “Forward, the Light Brigade!” So opened Tennyson’s poem describing the mistaken British charge against a Russian artillery [read more]

Market Bulletin – Technology Revolutions

Technology Revolution

Trouble for technology stocks dominated US markets, while growth and trade fears weighed on sentiment globally. Steamships and railroads opened up the nineteenth century world; electricity, gas and oil powered the new industrial processes of the twentieth. Such shifts were mirrored on stock markets. In 1917, the largest stock on US markets was US Steel, [read more]