The defining image of August 2021 had little to do with the stock market on the surface, it was, of course, the withdrawal of British and American troops from Afghanistan. As some readers will know, Afghanistan has significant mineral reserves, which some estimates put at $1tn (£730bn). These reserves include lithium, so it will be […]
You may have seen the film The Social Network. In the film, Jesse Eisenberg, playing Facebook founder Mark Zuckerberg, is musing on wealth. “A million dollars?” he says, and shrugs. “But a billion dollars… that would be cool.” The film was released in 2010. Eleven years on the scriptwriters may need to add three more […]
If you’re the sort of person who likes their glass half-empty then there will be plenty of opportunities to find something to worry about at the moment. The recovery from the pandemic, global tensions and all the staff shortages in the news can turn anyone into a pessimist. On top of that, some are suggesting […]
Overall Market Backdrop, August For the third month running, the US region has proved to be a holy grail for equity investors as they led global equities. Strong economic growth and a continuation of developed markets further lifting restrictions proved to be enough to pull equities to a month of strong performance. Global markets as […]