Investors are getting fed up of being used by governments around the world as a low-cost cash machine
The drumbeat of support for Europe to make its move to challenge the dollar is growing
Despite a stock rally, it is still unwise to assume the view of investors of America is not changing
The central role of equity raisings is to raise capital for companies that are already quoted
Asset-backed digital currencies could pose risks to bedrock of global financial system
Donald Trump’s ‘big, beautiful’ budget bill could make or break the market trend
The euro should be developed more as a haven asset for times of market stress
The notion that Trump Always Chickens Out on difficult policy resulted in a strange, shaky rally
The really big risks to the dollar remain US geopolitical and policy errors
The key conversation in asset management now is around the new “neutral” level for portfolios
Fund managers will have no rest for as long as he is in office with policy predictability in short supply
While professionals are deeply spooked, retail investors are piling in to US stocks
Parking money in America is no longer the routine, fuss-free, neutral option
Despite inflation concerns, slowing growth raises expectations of rate cuts
A long rebalancing of investor portfolios is likely to be under way that could be painful for America
Market hopes rest on gaining the benefit of the doubt that the US commands
Uncertainty over Trump policy will soon hit the economy with few short-term catalysts for a turnaround
The huge bets on what is known as the cash-futures basis trade could amplify market shocks
The mood in markets has darkened and the central narrative around trades based on the president’s policies has soured
It does not take a deep scratch beneath the surface to uncover investor nerves
The pessimists are on the back foot amid one of the strongest starts to any year in the region since 1987
It needs only a small reduction in the dollar slice of global reserves to hit prices and raise borrowing costs
US not so exceptional amid a strong start to year for equities on both sides of the Atlantic
Giddy investors have pushed up stocks in one of the stronger opening months to any year in the past decade
The asset class has proven far stickier than most big fund managers anticipated
