The World In A Week – US budget: A Curious Direction
Last Monday, the US government released its budget proposal for 2020, entitled ‘A budget for a better America’. It highlights the key priorities for the executive but, just like any budgetary plan,…
The World In A Week – Scenes reminiscent of a 2011 policy error
Having maintained a strong run since the start of the New Year, global markets paused for breath this week, with the MSCI All Country World Index falling back -0.56% from the perspective of a…
The World In A Week – Groundhog Day. Again.
It was another week that Phil Connors would have been familiar with, being the reluctant hero portrayed by Bill Murray in Groundhog Day and ironically the title of our Monday update five weeks ago.…
The World in A Week – Silence is Golden
You wouldn’t be mistaken if you heard tumbleweed last week, with little news of note; even the Trump twitter feed was silent, leading in to what was an incredibly quiet week. It was President’s Day…
The World in A week – Jeans On
Last Wednesday the US Securities and Exchange Commission (SEC) received an Initial Public Offering (IPO) filing from Levi Strauss & Co, the US clothing manufacturer, to re-list on the New York…
The World In A Week – Central Bankers Pause for Thought
This week global markets started to recover from an agitated final quarter of 2018 by inching upwards. The MSCI All Country World Index posted a gain (+1.14%), primarily led by the United States’…
The World In A Week – A Sisyphean Task
Welcome to the new title of our weekly publication – ‘The World In A Week’. This replaces our previous ‘Windy’ title as it better describes what we are researching and publishing. The content will…
Beaufort Analysis No. 314 – Groundhog Day
While it’s not quite Groundhog Day yet, it certainly feels like it. Last Monday supposedly marked the most depressing day of the year, when quite coincidentally, Brexit was very much the subject du…
Beaufort Analysis No. 313 – Are the banks in good health?
Last week the biggest US banks reported solid fourth quarter earnings with most improving on the third quarter and beating analysts’ expectations too. This resulted in both Goldman Sachs and Bank of…
Beaufort Analysis No. 312 – Charging into the New Year
After a tumultuous December, investors started 2019 cautiously. Global economic data pointed to a slowdown amid tighter financial conditions in the US. After the new year’s first full week of…
Beaufort Analysis No. 311 – Which Direction?
When markets closed for the year last Monday, most investors would have been pleased to see the back of 2018, well, the latter part of it anyway. In their worst performances since the financial…