Heatmaps

After a rollercoaster March and April, it feels a bit calmer in markets. Some welcome respite. There is still a…

Geopolitics is still driving most of the day-to-day gyrations — but investors look like they’re on the verge of moving…

Coming back home from the snowy mountains of Åre shows how much can change in just a week: spring has…

As we enter week five of the war with Iran, geopolitics is still driving the headlines — and markets. Our approach…

As we enter week four of the war with Iran, geopolitics is still driving the headlines — and markets. The more…

As we enter week three of the war with Iran, geopolitics is still driving headlines — and markets. From a “geopolitical…

After a week of geopolitics dominating the tape — and everyone suddenly becoming an expert on the Strait of Hormuz — it’…

Geopolitics is back — if it ever really went away. It’s difficult (borderline impossible) to have an edge in predicting…

News flow has been anything but quiet — but US equities have mostly been going sideways. And sideways markets have a…

It’s always striking how quickly a few weaker sessions in risk can take the froth off the market’s…

Another rollercoaster week in markets — but by the end of it, equities were back at (or close to) all-time highs.…