"The key risk to oil prices is any spillover effects that the war may have on the oil market itself. Geopolitical events typically have short-lived market impacts unless oil infrastructure is damaged.”
"Tariffs hikes are stagflationary – they increase the probability of an economic slowdown while putting upward pressure on prices. This time is no different."
“One dog that hasn’t barked this year is the credit market. High-yield spreads, on both sides of the Atlantic, suggest concerns about defaults are very low.”
"Emerging Markets are undervalued. They are underrepresented. Potentially a blind spot in many portfolios."
"Tariffs hikes are stagflationary – they increase the probability of an economic slowdown while putting upward pressure on prices. This time is no different."
“One dog that hasn’t barked this year is the credit market. High-yield spreads, on both sides of the Atlantic, suggest concerns about defaults are very low.”
"Emerging Markets are undervalued. They are underrepresented. Potentially a blind spot in many portfolios."