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Flutter agrees to sell Oddschecker to private equity group for £155m | Affiliates
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Gambling giant Flutter delays £13bn FanDuel float until next year
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Tempers flare as Bere Regis see off Martinstown
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Assessing a post-COVID global asset price bust
at 12:20 pm on July 6, 2021 | 4 comments
For the past few months, MB has been formulating a risk case for equities that has been steadily growing in our matrix of probabilities. It is that a looming triple slowdown in stimulus, Chinese and US recoveries will be enough to leave very expensive assets stranded and exposed to an adjustment. This risk case is now at a 50% probability for us so we have begun hedging it with reduced equity exposure, longer duration bonds and greater allocation offshore.
Citi Matt King today runs through some themes that central to this thesis.
Fast and furious first half of 2021 keeps financial markets at full throttle | Hellenic Shipping News Worldwide
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