Strike Action Another month of intense geopolitical activity was highlighted by the US bombing of strategic nuclear and defence positions in Iran on the evening of Saturday, June 21st. That...
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US President, Donald Trump’s latest pseudonym, TACO* man, stimulated an extended rally in risk assets from the lows of early April. Although bond yields were buffeted by ‘bond vigilantes’ -...
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Despite the extreme swings felt during the month of April, a helpful takeaway is that the actual effect on the performance of Pier Portfolios from the beginning to the end...
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Trump’s tariffs take their toll on equity markets Slower US economic data helps US ten year bond yields lower to below 4.25% The final day of February witnesses extraordinary scenes...
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The Year That Was 2024. ‘TINA’ Aka, ‘There Is No Alternative’ to equities. While December was a bumpy ride for equities and bonds alike, last year was a year when...
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Heavy Lifting. In our outlook piece at the start of January, we suggested that earnings would need to do the heavy lifting to support equity prices, most notably in the...
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