Stock markets have started to wobble. A sell-off in Asia has spread across the globe. Having been talked about for months, is the sell-off finally here? The catalysts for the sell-off are varied: certainly, the prospect of higher interest rates in the US is playing a role as the Federal Reserve seeks to cool... continue reading

In the summer of 2015, the Chinese authorities overdid their enthusiasm for wider share ownership. With their general encouragement, brokers advanced large sums to individuals to buy shares. A buying frenzy developed in the markets and the Shanghai index hit a new high of 5,166 in June. The government decided things were getting out of... continue reading

Once again, markets are roiling. As with so many sell-offs, this is a story of pressure building steadily until it must vent. Volatile markets are here to stay, but the next few weeks will tell us whether this episode is a sign of something more ominous to come or just another bump in the road... continue reading