Media Center

17 March 2025 Since World War II there have been 48 corrections of -10% on the S&P500 (the global risk proxy), 12/48 (25%) have turned...

13 March 2025 As we noted last week, what the markets are experiencing is a “reverse feedback loop”  – it is the unwind of forever and...

07 March 2025 George Soros, influenced by his tutor, Karl Popper (1957) developed the concept of reflexivity. In contrast to general...

04 March 2025 Differences of opinion between market participants are often (not always) a matter of time horizon. From our perch,...

25 February 2025 Controversial opinion: the Fast and the Furious movie franchise improved considerably by the tenth sequel. Perhaps the...

17 February 2025 We find the renewed enthusiasm for Chinese equities rather ironic given the extreme pessimism in consensus beliefs this...

13 February 2025 The US dollar has appreciated sharply since September 2024 on a broad basis and especially against emerging market...

11 February 2025 One of the phrases that has always wound me up as an investor is when market participants argue that the outlook is...