When is an apple not an apple? When it’s a spanner of course!

When is an apple not an apple? When it’s a sp...

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A split Fed, a steeper yield curve and Microsoft delivering

Markets reacted sharply after a divided US Federal Reserve opted to leave interest rates unchanged yesterday. The decision triggered a notable steepening of the Treasury yield curve, with 2-year yields edging lower while 30-year yields moved materially higher. US equities also ca ...  Show more

AI jitters, Big Tech earnings & the Fed decision

A sharp market rotation took centre stage on Tuesday as investors moved out of chipmakers and into healthcare and financial stocks, pushing both sectors to fresh record highs. Even blockbuster results from AI memory leader SK Hynix failed to ease concerns, extending the sell-off ...  Show more

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