This Time It’s Different

This Time It’s Different

This Time It’s Different John Leiper – Chief Investment Officer – 24th July 2020 There are growing signs that the US dollar may finally roll over. The chart below shows the US dollar index, in white, and two associated lines in blue and purple, known as...
Q3 2020 Quarterly Perspectives

Q3 2020 Quarterly Perspectives

Q3-2020 Quarterly perspectives Tavistock Wealth - Investment Outlook Welcome to the Q3-2020 ‘Quarterly Perspectives’ publication Q2 Review Despite suffering the worst pandemic in over a century, and the sharpest economic contraction since the second world war, global...
Commodities Move Higher

Commodities Move Higher

Commodities Move Higher John Leiper – Chief Investment Officer – 10th July 2020 The 10 year US Treasury yield has remained remarkably steady over the last few months, particularly as inflation expectations have gradually risen. This divergence may indicate...
Pivot to ESG

Pivot to ESG

Pivot To ESG John Leiper – Head of Portfolio Management – 26th June 2020 The recovery in US equity prices, from the corona crisis, has been one of the most rapid in history. Whilst the fall broadly matched the one in 1987, in blue, the S&P 500 now sits...
The Chinese Tech Structural Growth Story

The Chinese Tech Structural Growth Story

The Chinese Tech Structural Growth Story John Leiper – Head of Portfolio Management – 19th June 2020 China’s economy has transitioned, from an industrial export-led model, towards services. This is evident from the chart below which shows the service...