weekly-roundup

Last September, I introduced Venture to ByteTree Research. The aim of Venture was to highlight the many opportunities in UK small and mid-cap stocks that were not included in our liquid portfolios. In addition, I would also look at higher risk/reward situations in the UK and globally. Our second

In a week where bonds fell, and equities rose, the link between them has made another all-time high, driven by technology stocks, following Nvidia’s (NVDA) strong results. This stands out because this equity versus bond link didn’t break out for 40 years but has recently become a regular

Bitcoin is up 23% this year, which can be added to the +57% move in Q4 2023. It’s all about the huge flows of cash into the new Bitcoin ETFs in the USA. The leading funds from iShares, Fidelity and ARK 21Shares (ByteTree’s partner) have amassed nearly $12

I had the good fortune to talk to Michael Howell, the MD of CrossBorder Capital, which he founded in 1996. Armed with a PhD in economics, time at ING Barings in the 90s, and Salomon Brothers in the 80s, he has become a leading authority on market liquidity. It is

Since the 1970s, the almighty US economy has expanded at a 6% rate in nominal terms. With inflation averaging 3.8%, real growth has been around 2.2%, which isn’t bad for a juggernaut. The trouble is that government debt has been growing at 9%. Fifty years of compounding

I never highlighted Robin and Rashpal’s last AAA Report, which was published during the Christmas holidays. If you missed it, I wanted to show you Robin’s year-end closing remarks: “We also noticed that there has been a disconnect between underlying fundamentals and market moves…. One of the problems