Summary
Whilst we remain in an interest rate cutting cycle, the journey may be shorter than previously anticipated. This is particularly the case in the United States, where President-elect Trump’s policies (if implemented), could serve to keep inflation at a higher level and therefore make the US Federal Reserve more cautious in its approach. Central bank […]
Whoa, we’re halfway there
Once upon a time, not so long agoTommy used to work on the docks, union’s been on strikeHe’s down on his luck, it’s tough, so toughGina works the diner all day, working for her manShe brings home her pay, for love, mmm, for loveShe says, “We’ve gotta hold on to what we’ve gotIt doesn’t make […]
Well, that wasn’t so bad, was it?
With some trepidation I started the Investment Strategy at the beginning of last year, raising the hope that 2024 would deliver a more settled year and that, having been through a difficult last 12 months or so, the new year at least offered the chance for some new optimism. Sadly, the problems at Manchester United […]
Consolidating the Core Range of Model Portfolios: A Streamlined Future
From February 2025, HFMC Asset Management will consolidate its Core range of model portfolios, removing the distinction between those “including property” and “excluding property.” This decision is part of an ongoing effort to simplify and enhance our portfolio offerings while aligning with industry best practices. By streamlining the Core range to mirror the structure of […]
James Tuson & Emma Clarke – Citywire Top 100 2024
We are delighted that both James Tuson & Emma Clarke are featured on the Citywire Wealth Manager Top 100 2024! With this being the fourth time James has made the list. Now in its 13th year the Citywire Wealth Manager Top 100 puts the spotlight those who leave an indelible mark on the investment world, reshaping client […]
Summary
During September, the US Federal Reserve (Fed) joined the Bank of Canada, the European Central Bank and the Bank of England, in beginning to cut interest rates. In the States, they did so with a bumper cut of 0.5%. Think of this as a buy one, get one free policy decision and recognition that they […]
Markets Outlook
One September Day Years, they will come and go.Sometimes the tears will flow.Some of my memories will fade,But I’ll always remember that one September day.I used to reminisce‘Cause I thought that love was bliss.How did they know it would go astray?It began, and it ended on one September day.(Nina Simone, One September Day) Reflecting on […]
US Election – Here we go again
After a relatively predictable election here in the UK, where Labour surprised only by its margin of victory, rather than the victory itself; the 2024 U.S. Presidential election is looking the most compelling for years. The era of being comfortable with whether a Democrat or a Republican President was residing in the Oval Office seems […]
Markets summer slip
What follows is a re-print of a note we wrote back in early August following a sharp period of volatility in markets. As the US Federal Reserve became more relaxed talking about falling inflation and the likelihood of cutting interest rates in the wake of a poor jobs report, the Bank of Japan surprised with […]
Summary
This quarter we saw the first interest rate cut from a G7 central bank with the Central Bank of Canada cutting rates by 0.25% during early June, this was swiftly followed by the ECB, which made its well-flagged cut at its most recent meeting. The Bank of England bides its time for now, however the […]
