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C8 Weekly Bulletin: Return to Income

BY ROBERT MINIKIN
Whilst the New Year's recovery in stock markets has grabbed much of the headlines, we also note that last year's fixed income sell-off has created opportunities in income products.  This week we illustrate this using C8 Studio, with income-generating indices from Vettafi. Read more →

Thoughts From The Divide: An Inevitable Recession? –Surprise! (An Interview)

BY JON WEBB
In lieu of this week’s Thoughts From The Divide newsletter, we’re thrilled to share Julian Brigden’s recent chat with Blockworks’ Felix Jauvin. So, what’s on the docket? Well, we dive headfirst into the market’s somewhat naive hope that central banks will start slashing rates like they're on a budget cut spree. Spoiler alert: historical trends suggest that rate adjustments are rarely as swift or predictable as we'd all like. Those tightening cycles? They’re like that unpredictable friend who shows up late and drunk—potentially disastrous. Next up, we take a magnifying glass to those overly rosy 2025 pricing forecasts. Turns out, the market's optimism might be a tad misplaced. We break down the difference between disinflation that’s deliberately crafted and the kind that just happens because, well, life. Either way, it’s a wild ride with plenty of risks to consider. Read more →

Thoughts From The Divide: Definitions and Animal Spirits

BY JON WEBB
We would be the first to admit a tendency towards pedantry: that we enjoy a little definitional punctiliousness. Surely, we are not alone in being amused by then-President Clinton asking, “what the meaning of ’is’ is”.  But rather than being a mark of a scholar, this kind of diving into minutiae is often as much a sign of sophistry as it is of sophistication. Case in point was the debate around the definition of “transitory”. It might seem intuitive that trees don’t grow to the sky, but Yellen and crew somehow wanted to argue that that was why they had in fact been right all along in their argument that Covid era inflation was “transitory”. Yes, Janet, you were right that, like all things, this too did pass. Read more →
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