August 8, 2022
Are we there yet? Markets are asking the same question as bored children stuck in a long delay at Dover “Are we there yet?” The second half of July saw yet another bear market rally and while we are not Read more…
July 18, 2022
The rally in the 10 year bond and the selloff in Commodity prices have been taken by many pundits as ‘Predictions’ of future economic activity, i.e a collapse in demand, a recession and a reduction in the threat of inflation. Read more…
July 11, 2022
Below is the latest article for Australia Financial Review, making two key points. First that moves in markets may lead rather than reflect Economic forecasts and thus we need to be careful of predictions based on market moves – especially Read more…
July 8, 2022
A wise man once said that everything made sense when viewed through either the movies of the Godfather or the rules of English Cricket. With that in mind, we would consider the opportunities now facing the UK Conservative Party as Read more…
July 7, 2022
Markets are breaking Free. Governments have been trying to fix markets for over a decade but reality is now biting. This, in fact, is the real “Great Reset’. Free Markets are not about political systems but are those that are Read more…
June 18, 2022
Bond market volatility continues to lead all markets lower, triggering a further round of deleveraging. Cryotos have been crushed and Credit markets appear to have hit capitulation, even if equities have not. FX volatility, especially in the Yen, is also Read more…
June 3, 2022
Slightly More Confident The market fall this year has been steady and relentless rather than a panic crash, and last month the Sell in May mantra cut through and markets switched to bear market behaviour of selling rallies and not Read more…
June 1, 2022
The arrival of War so soon after Pestilence or Plague has unsurprisingly led many to speculate (some idly, others determinedly) as to whether the Third of the Four Horseman of the Apocalypse is due soon. That one of course is Read more…
May 26, 2022
Nice to be back in the studio with David and Vanessa this morning- so much better than the Zoom calls! Nice of Bloomberg to send a link through as well. https://www.bloomberg.com/news/videos/2022-05-26/market-thinking-mark-tinker-on-global-markets-video For interest, I have added the notes we put Read more…
May 24, 2022
A quieter end to the month as oversold conditions are at least stabilising if not obviously (yet) reversing. This has been a steady slide, rather than a crash per se, but markets remain fragile. With the Fed still sucking liquidity Read more…