The Powell Pivot 2.0

The Powell Pivot 2.0

The Powell Pivot 2.0 John Leiper – Head of Portfolio Management – 29th May 2020 In January 2019 Jerome Powell pivoted from a policy of interest rate increases and balance sheet cuts to interest rate cuts and, later that year, balance sheet expansion....
Don’t Fight The Fed

Don’t Fight The Fed

Don’t Fight The Fed John Leiper – Head of Portfolio Management – 26th May 2020 Over the last decade, the Fed has increasingly resorted to unconventional monetary policy, such as quantitative easing, or QE, to stimulate the economy. In short, QE is where...
Market Notes 20th May 2020

Market Notes 20th May 2020

MARKET NOTES Christopher Peel – Chief Investment Officer – 20th May 2020 Flying the global economy into the ground from 35,000 feet will go down as one of the most difficult and controversial decisions in the history of mankind. The coronavirus is an...