News: 15 November 2021
Rising inflation has not been a serious factor in financial markets since the elections of Margaret Thatcher and Ronald Reagan. The former moved into Downing Street in May 1979.
News: 08 November 2021
It is to no one’s credit that meetings of Central Banks have taken precedence over COP26. The second week of the Glasgow jamboree may see some bunnies pulled out of top hats, but the first week was utterly underwhelming. After the truly inspirational opening speeches, the COP has been characterized by an overload of good intention with precious little substance. This is supposed to be the COP that delivers definite plans of action to support 2015’s world-saving pledges.
News: 01 November 2021
Now let us backtrack to last Wednesday’s Budget. I confess that I am perplexed. In the context of COP26 the decisions to freeze fuel duty and cut air passenger charges are, shall we say, disappointing. More than anything, it shows a lack of leadership.
News: 25 October 2021
News: 04 October 2021
If we cast our minds back the best part of five years and four months, we may remember that the initial reaction of international investors to the vote to Leave was to sell both UK domestic shares and the pound. There is a sense of this starting to happen again.
News: 27 September 2021
Great news that three of our colleagues are finalists in a total of four categories in the Investment Week 2021 'Women in Investment' Awards!
Stagflation is not so much a threat of the future, but the reality of here and now. At present, the ‘stag’ part of this is a slowing of growth in the post-lockdown confusion, rather than a lurch back into contraction. That is the way that it should stay, but there are no guarantees about this.
News: 14 September 2021
Hawksmoor is extremely proud to have two colleagues named as finalists in the Women in Finance Awards 2021.
News: 13 September 2021
The cost of the government’s borrowing is as close to nil as makes precious little difference. At the time of typing, the yield to maturity of a gilt maturing in five years’ time is 0.33%. If we apply that rate of interest to the entire market, just for the fun of it, we arrive at an annual cost of a paltry £6.6bn. That is not a lot.
News: 06 September 2021
Asia as a whole has had a bad pandemic. This has sped up the political cycle, but what is needed is a step change in vaccinations. Every journey, as we know, is meant to start with a single step. There are signs that some are at last putting on their shoes. This is a part of the world from which we expect great things. It has not delivered throughout much of 2021; next year can only be better.
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