Market Update – 12th March 2020

Forced sellers and other distractions Disorderly divestments create confusing market dynamics Last week could be characterised as an “orderly” repricing of equity markets to the consequences of COVID-19 disruptions. This week has seen second-order market...

The Cambridge Weekly – 9th March 2020

Coronavirus market update – ramping up countermeasures can be scary Since our last update a week ago, market dynamics have developed very much along the lines we outlined as our expectation. The US Federal Reserve has taken the lead and lowered US interest rates by...

Cambridge Weekly Update – 26th February 2020

COVID-19 and the reaction of markets to pandemic fears Global equity markets have taken a significant hit this week, as investors started to take news of COVID19 spreading beyond China to the rest of the world more seriously. We thought it would be a good time to...