Disruption

Taxonomy of a crisis

  We are in the midst of a crisis that cannot be easily compared to any other experienced before. This generates great uncertainty, which is reflected in unprecedented market volatility. However, from an investment perspective, this is “business as usual”, given that in every major crisis we find ourselves facing uncharted territory. Each crisis has … Continued

Tweet War

Since Trump’s tweets last Sunday threatening to impose new tariffs on China, the stock markets have fallen from levels close to their all-time highs, with the S&P 500 down 3.5% in  the week. Although both technical factors and the volatility due to being in the middle of the earnings season may have had some influence, … Continued