BGFS Associates

The outlook for the US economy is attracting attention as recent data prompts suggestions that its progress may be faltering. (continue reading…)

Mood swings. One week the market is down, despondent over the thought that the Fed’s rate hikes will ruin the economy, and the next week it is up, cheering the idea that the Fed is done raising rates and will be successful in its bid to engineer a soft landing while keeping inflation under control. (continue reading…)

UK equities experienced their biggest one-week gain since March 2003 last week. Fears about US rate hikes dissipated and gains from mining and oil companies were stronger than expected as high oil prices and healthy refining margins offset the impact of lower output. (continue reading…)