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
Ricochet
Cast your minds back to 2014, when the Caribbean Island of Puerto Rico, burdened by a chronic budget deficit, spooked the US municipal bond market by passing legislation to restructure some of its enormous $73bn debt pile. US Municipal Bond ETFs reeled and wider markets were spooked, the country’s debt downgraded to ‘junk’ status.
Investment briefing
A pandemic like no other. Governments around the world have been given little choice but to lock down communities to control the spread of SARS-CoV-2, generally referred to as coronavirus.