Common sense in short supply on both sides of the Atlantic
The recent tariffs imposed by Donald Trump on trading partners, including the UK, have raised questions about whether they will lead to liberation or liability for the global economy. Despite initial skepticism from investors, it is clear that these tariffs will have far-reaching economic consequences that may not benefit the US in the long run. […]
How popular tracker funds are handling the sell-off
The current market conditions have been quite volatile, leading to significant fluctuations in various funds. As investors seek safe havens, the iShares Gold Producers ETF (SPGP) has seen a substantial increase of almost one-third in 2025. On the other hand, some funds have not fared as well. The WisdomTree Blockchain ETF (BKCN) has experienced a […]
The double trouble facing global funds
The recent weeks have been challenging for global investors, with the S&P 500 experiencing significant losses. The reasons behind this downturn are quite evident, ranging from escalating trade tensions to the looming threat of a recession, and the realization that the narrative of US exceptionalism may be faltering. However, another factor has exacerbated the losses […]
Why New York’s latest IPO is a warning to everyone
The recent listing of AI data centre company CoreWeave on the New York Stock Exchange has provided valuable insights into the economics of the AI industry. CoreWeave’s journey from Bitcoin mining to AI computing has been marked by rapid growth, with sales increasing from $16mn to $1.9bn in just two years. The company now boasts […]
Reeves’ economic tightrope may soon give way
The recent Spring Statement delivered by the government was a cautious attempt to maintain stability in a tumultuous economic environment. Chancellor Rachel Reeves made some tough decisions, including cuts to disability benefits and government spending, in order to address fiscal challenges caused by weaker growth and higher borrowing costs. These measures were necessary to restore […]
Which safe haven assets actually protect investors?
Safe assets are a crucial component of any investment portfolio, providing stability and security in times of market volatility. Traditionally, safe assets have included cash, money market funds, and government bonds. However, not all government bonds are created equal, as evidenced by the surge in sovereign bond defaults in 2020. Countries with a strong track […]
Lessons from Fundsmith’s 2025 meeting
The annual shareholder meeting for Fundsmith Equity (GB00B4Q5X527) took place in late February and is now available for viewing online. The fund has seen substantial long-term gains, but it underperformed the MSCI World index for the fourth consecutive year in 2024. As global markets have been dominated by US tech giants, 2025 presents new challenges […]
The gold miners set to mirror the precious metal’s surge
With the threat of a global trade war on the horizon, many investors are turning to precious metals as a safe haven for their capital. While central banks in emerging markets have traditionally influenced the market, retail investors also play a significant role in determining the price of gold. Analysts at UBS predict that the […]
Two things to expect in the Spring Statement
The upcoming Spring Statement has taken on a new level of importance as events unfold that challenge the Chancellor’s financial plans. With the fiscal headroom disappearing due to increased debt levels and borrowing exceeding projections, the state of the nation’s finances is under scrutiny. Weak productivity growth rates pose a significant risk to public finances, […]
It’s time for a rules reset
The investment landscape in the UK and US markets has been a tale of two cities in recent years. Investors have been faced with a choice between undervalued British shares and overpriced US stocks. The constant flow of capital out of the UK into the US, particularly in the tech sector, has been hard to […]