It’s difficult to know where to begin this month. In France? Where Emmanuel Macron, the centrist candidate successfully defeated the far right’s Marine le Pen to become the youngest ever French president, at just 39. In the UK? Where, having declared several times that...

Introduction 

Despite the claims of Brexit and the debate on triggering Article 50, it is impossible to start this commentary anywhere other than in Washington where, on January 20th, Donald Trump was inaugurated as the 45th President of the United States. 

It is remarka...

Introduction 

Well, for the second time this year the pollsters and the bookmakers had it spectacularly wrong.

First Brexit, now President-elect Donald J Trump. By 306 Electoral College votes to 232 the 70 year old billionaire overturned the predictions and beat Hillary...

Introduction 

We try to produce a balanced, rational market commentary at the end of every month. The politicians do their best to turn it into a soap opera. Ah well, here we go…

When we left you last month the UK had just voted for Brexit. David Cameron had announced hi...

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