United States

Government interference in capital markets has never been so great in the post-war era and the contradictions within asset values are becoming ever more apparent.

Gilt prices fell sharply yesterday as investors began to digest the Government's pre-Budget report and fears that Britain's credit rating will be downgraded intensified.

Janus manager highlights importance of sticking to process to uncover intrinsic value

Over the past few weeks, France, Germany and Japan reported GDP growth for the second quarter, which appears to indicate that they are now emerging out of recession.

"Does the flap of a butterfly's wings in Brazil set off a tornado in Texas" was the title of Edward Lorenz's talk in 1972 that helped bring aspects of chaos theory to a wider audience.

At the moment I would suggest a great many virtuous fund managers have got their caution towards the euphoric stock markets about right. A couple of weeks back I could turn to almost any page in the news section of this fine paper and find a sensible...

Following significant fiscal and monetary stimulus, optimism regarding a US economic recovery is building with the change in Q3 2009 GDP expected to be a positive 2.2% following a 1% decline in Q2 2009 and a worse 6.4% contraction in Q1.

Equity markets have clearly benefited from a dramatic shift in investor sentiment since early March - when the prevailing fear was that what had been a painful recession could escalate into an even more painful and longer-lasting depression.

Quantitative easing has been aggressively deployed in the UK and US for some months now. But will the effect be what was hoped?

Most investors are accustomed to reading about the gold and oil markets, but few have considered the benefits of diversifying their portfolios using agricultural commodities.