Investment briefing
Bear markets start for various reasons, but the root cause is constant. Too much debt, too much euphoria and always, the lure of a new paradigm.
Investment briefing
Fortune’s Favours
The eighteenth century English mathematician, Thomas Bayes, was purportedly the first father of statistical data analysis, developing a theorem which allowed probabilities to be updated depending on available information.
Investment briefing
The stock market, frequently an enigma, has played a blinder. As countries around the world queue up to report their worst ever falls in economic growth, equities have been rising.