Thoughts – Insights

"The Two Weeks That Will Be (" - 7th August 2022)

We are taking a Blonde Holiday for two weeks but we will be available for key developments in the Conservative leadership contest as well as any other events that shift the dial of risk within financial markets. With the gamma profile of the S&P500 back in positive territory, we would expect volatility to subside. Key data releases…

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"The Week That Will Be (" - 31st July 2022)

1. The UK  The poor old Bank of England started hiking well before the other G3 central banks but have done such a terrible sales job that they must now deliver a chunky 50bp hike this Thursday to restore some credibility. The hawks have been making the case for some time that, as Michael Saunders put it…

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"The Week That Will Be (" - 24th July 2022)

1. The Fed The Fed will hike 75bp on Wednesday, taking interest rates towards their estimate of the long run neutral rate of 2.5%. But we know they want rates to go into restrictive territory, and we know they want to get there sooner rather than later, while the economy can still take it. But the…

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"Conservative Leadership Contest – After Final Round"

It’s Sunak v Truss and Rishi faces an uphill battle with Conservative members It will be hard for him to distance himself from the economic policy of the previous administration He who wields the knife rarely wears the crown – with some members unhappy he stabbed Boris in the back But he will hope to…

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