Insights from Davy
Re-evaluating bonds in portfolios
In the realm of financial markets, bond investors wield significant power, often acting as a check on government fiscal policies. This phenomenon, famously termed ‘bond vigilantes’ by U.S. economist Ed Yardeni in the 1980s, underscores the influential role of bond markets in maintaining economic discipline.
Quality on the backfoot: What happened and implications going forward
In the realm of financial markets, bond investors wield significant power, often acting as a check on government fiscal policies. This phenomenon, famously termed ‘bond vigilantes’ by U.S. economist Ed Yardeni in the 1980s, underscores the influential role of bond markets in maintaining economic discipline.
UK: Bond vigilantes looming
In the realm of financial markets, bond investors wield significant power, often acting as a check on government fiscal policies. This phenomenon, famously termed ‘bond vigilantes’ by U.S. economist Ed Yardeni in the 1980s, underscores the influential role of bond markets in maintaining economic discipline.
Is AI coming for software?
In the realm of financial markets, bond investors wield significant power, often acting as a check on government fiscal policies. This phenomenon, famously termed ‘bond vigilantes’ by U.S. economist Ed Yardeni in the 1980s, underscores the influential role of bond markets in maintaining economic discipline.
Investment update: US and Iran escalation
In the realm of financial markets, bond investors wield significant power, often acting as a check on government fiscal policies. This phenomenon, famously termed ‘bond vigilantes’ by U.S. economist Ed Yardeni in the 1980s, underscores the influential role of bond markets in maintaining economic discipline.
Stablecoins - the new way to pay
In recent months, stablecoins have emerged as a legitimate disruptor in the financial services industry. New legislation, a hot initial public offering (IPO), and support from the Trump administration have all coincided to give the technology its breakthrough moment.
How managers are responding to tariff uncertainty
On April 2nd, President Trump unveiled his administration’s proposed tariff regime. The tariffs announced on what he termed “liberation day” proved much more severe than expected, bringing America’s aggregate tariff rate to its highest level since the 19th century, even exceeding 1930’s Depression-era levels. This led to immediate declines in US share prices and a sharp increase in market volatility.
Market volatility - Investment update
Markets remain volatile, with large equity market swings. We expect additional escalation with brinkmanship likely in the coming weeks. We have been positioned relatively defensively, by being underweight the more stretched US and tech sectors, owning bonds and gold. We have been patient, and are now opportunistically deploying capital into equities.
Warning: Past performance is not a reliable guide to future performance. The value of your investment may go down as well as up. These products may be affected by changes in currency exchange rates.
Warning: The information in this article is not a recommendation or investment research. It does not purport to be financial advice and does not take into account the investment objectives, knowledge and experience or financial situation of any particular person. There is no guarantee that by putting a financial or investment plan in place, you will meet your objectives. You should speak to your advisor, in the context of your own personal circumstances, prior to making any financial or investment decision.
Warning: Forecasts are not a reliable indicator of future performance.
