Do bear markets herald a recession? City Talk We look back over more than 100 years of data to ask what this week’s severe market moves might signal for the economy. After hitting an all-time high at the start of the year, the S&P 500 has plunged into bear territory this week. As a rule of thumb, the so-called bear market is when [...]
What analysing language tells us about inflation City Talk With the headline consumer price index (CPI) rate at a 13-year high in the US, it is not surprising that companies are talking more about inflation. It’s not just business surveys that show us this. You can also see it by looking at the transcripts of what the management teams of publicly-listed companies have talked [...]
How’s vaccine inequality driving up global inflation? City Talk As the more highly vaccinated countries roll out Covid booster shots, other parts of the world are still struggling to get their first jab. The vaccine divide is more apparent in the emerging markets (EM). World organisations have voiced their concerns over “vaccine nationalism” whereby vaccine-exporting countries prioritise supply first for their own populations before [...]
The Formula 1 cost cap: Corporations to provide competitive advantage? October 6, 2021 This 2021 Formula 1 season is already proving to be one for the ages but next year’s technical rule changes, largely aimed at levelling the playing field, and the need for continuous improvement mean that teams are already looking ahead. It could be argued that this counterbalance is already coming into effect this season following [...]
Has Covid actually mattered to financial markets? August 27, 2021 The Covid-19 pandemic has clearly affected our daily lives and the well-being of the global economy. But the impact on financial markets has been less straightforward. Firstly, equities appear to have looked through the economic consequences of the virus. Last year, the Covid-19 crisis triggered one of the deepest recessions in history which saw global [...]
