Markets: Risk-on? Risk-off? Ongoing geopolitical tensions in the Middle East suggest the latter at least should have some role to play. However, with (European) equity indices adding about 1.5%+, investors clearly see other drivers for trading. In this respect, the sharp decline in US bond yields this morning in our view is driven by recent […]
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The Iran conflict threatens to enter its third week as bombings, drone strikes, and a shutdown of critical shipping corridors and industry continue. And with no end in sight, the regional war’s global implications are Read more…
If you have been checking your portfolio every morning this year, you already know the tension. The S&P 500 has gone practically nowhere; the biggest tech names have pulled back. Tariff headlines land daily, and Read more…
When luxury retail giant Saks Global filed for Chapter 11 bankruptcy in January, it did not expect to have to close so many existing stores as part of the process. But as is typical in Read more…