Tech in Turbulence · Markets saw renewed volatility in November amid AI concerns and shifting Fed rate expectations. · Developed-market equities fell in sterling terms despite a broadly resilient US earnings season. · Equity leadership rotated from US tech toward Europe, while Asian markets and emerging regions weakened. · Global bonds were flat overall, as mixed UK and US data balanced sentiment. · UK autumn 2025 Budget froze income tax thresholds, reversed the two-child ben

Our chancellor has allegedly not been forthcoming with the truth. She has also implicated the Prime Minister in her misinformation. The Head of the Office of Budget Responsibility (OBR) has been sacrificed after the release of last week’s budget information before the actual budget. I remember apologising for repeatedly writing about President Trump earlier in the year, and it feels that I am now continuously writing about our embattled chancellor. If the markets and the publ

Shutdown, But Not Shaken ·  Global markets rose strongly in October despite political and trade uncertainty. ·  US–China tensions eased after leaders agreed on a one-year trade framework. ·  The Federal Reserve cut interest rates again and paused balance-sheet shrinking. ·  UK sovereign yields fell as bond markets rallied on dovish Bank of England signals. ·  Japanese and emerging Asian equities surged on improved trade sentiment and policy support. ·  In UK politics, Conserv