Why are U.S. equities up 13% in 2023? U.S. bond markets are currently inverted by 68bps, and unambiguously prophesying that there will be...

We held the second of our two Linchpin Salon panel debates on the subject on 31st May 2023. In the first one, we looked at moral hazard...

Moral hazard has been around as a term since 1865, but after the Global Financial Crisis and more recent U.S. bank failures its dangers...

I spoke on a panel on the subject of pooling at the excellent LGC Investment Conference held recently, and I shall be attending DG...

Over the past few months I have been on the defensive. Markets have generally risen, I would argue because of the Janus-like policy of...

Japanese bond markets have attracted more attention recently than for many years. Ten-year bond yields have risen to 0.5% following a...