Newsletters
Quarterly Newsletter - Winter 2013
If market indices are deemed to be reliable indicators, then 2013 was a very positive period with America’s S&P 500 Index breaching several all-time highs and finishing some 29% ahead for the year. Even in the UK, where early in the year we were worrying about a “triple dip” recession, the FTSE-100 Index managed a gain of 14%.The general tone on news flow through the year would hardly seem to ...read more
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Quarterly Newsletter - Autumn 2013
It is rare for our Newsletters to be written when the economic and political scenes do not offer compelling issues on which to hang the narrative. The Eurozone crisis, the fortunes of the Chinese economy or the seemingly endless political turmoil in the Middle East have all provided material aplenty in recent issues. On this occasion, the elephant in the room or, more correctly, the elephant and d...read more
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Quarterly Newsletter - Spring 2013
The UK economy has been struggling to avoid sliding into a triple-dip recession, and the announcement earlier today that the economy has grown by 0.3% in the first quarter of this year will have been greeted with a huge sigh of relief in the Treasury and among members of the coalition government. However, a 0.3% improvement is not much to shout about, but it will restore some of the confidence whi...read more
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Quarterly Newsletter - Winter 2012
2012 was a glorious year, with Union Jacks and bunting everywhere as the nation celebrated the Queen’s 60 years on the throne, followed by the hugely successful London Olympics and Paralympics. There were so many feel-good factors at home that it was almost difficult to remember that elsewhere in the world, conflicts brought about human suffering on a large scale. ...read more
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