Blogs & News

This month marks 35 years since the Tiananmen Square incident, a pivotal moment in modern Chinese history. Recent economic reforms and new regulations are making state-owned enterprises (SOEs) more attractive to investors.

There is a very serious rise and trend in US credit card delinquencies. This article examines the effects of these trends on both the young and older generations as well as the wider US economy.

Copper prices have experienced an extraordinary surge year-to-date, reaching an unprecedented high of over $5 per pound. This marks the first time the red metal has crossed this significant threshold, leading the charge in a broader commodities rally.

The chart illustrates a consistent upward trend punctuated by several sharp spikes, reflecting heightened market activity and investor interest.

But there is more..

With May being "Mental Health Awareness Month", it provides a perfect opportunity to assess the current state of the investment markets and identify potential symptoms of its existing imbalances and disorders.

To do this, we must first conduct health checks on the market structure, its key players, and their motives, enabling a better understanding of potential sources of distress.

US debt has been on a steady incline since the early 2000s due to the US running a consistent deficit for 22 years.

This trend stepped up a gear in the last decade, fuelled by excess spending during the pandemic, tax cuts under the Trump administration, and expansive programmes like the Inflation Reduction and CHIPS and Science Acts.

Where will it end?

Recent years have demonstrated the flaws of a traditional 60/40 equity/bond portfolio.

Such portfolios suffered one of their worst years on record in 2022, when accelerating inflation and rapidly rising interest rates proved a hostile environment for both global equities and global bonds.

Whilst the asset class mix arguably still serves well as a starting point in portfolio construction, Momentum Asset Management have long pursued greater diversification than that which a simple 60/40 portfolio composition offers and believe that they have found a strategy that has the benefit of providing exposure to volatility but without suffering an expensive cost of carry.