We extend our warmest wishes for 2021 and trust that you and your families are all faring well.

The Revolution of 1848 resulted in a 70% drop in the price of French stocks and bonds, the largest in French history. However, over the next 10 years the stock market ind ...

After the fastest 30% decline on record, we have just experienced the strongest calendar quarter since 1998.

Just a month ago global stocks were near the nadir of probably their fastest decline in history, while credit spreads were pricing in a 2008-max scenario in which 50% of high yield ...

2019 encompassed a damaging trade war between (but by no means exclusively affecting) the US and China; a pronounced manufacturing slowdown in the US; recessionary conditions in th ...

Global equities have recovered strongly in 2019 following their 18% peak-to-trough decline in late 2018. Stocks are up some 16% since the start of the year, although the majority o ...