18 May 2018 Despite frenetic diplomatic efforts, including the evident bonhomie between Presidents Macron and Trump, the United States has withdrawn from the Iran Nuclear Deal (JCPOA). The world awaits details of America's new approach to confronting Iran's nuclear ambitions and its aggressive regional political behaviour. The Trump Administration has announced already its intention to [...]
13 February 2018 In my 2018 Investment Strategy blog entitled "Aging Rally or More to Play For?", I indicated that while the US (and global) equity market rally was aging in calendar terms, the factors traditionally signalling the end of the cycle were not yet evident. Nevertheless, I suggested that the US market would experience [...]
23 January 2018 On 30 January, President Trump will deliver his first State of the Union speech. To be sure, the state of the US economy is healthy (I will leave it to others to assess the state of the Union). Indeed, GDP has advanced at over a 3% clip during the past nine months. [...]
15 December 2017 Looking into 2018, one is is reminded of the old stock market admonition that "bulls make money and bears make money, but pigs are slaughtered". In other words, let's not be greedy: the returns of the past year are highly unlikely to be repeated. In an effort to free up your time [...]