The Fed awakens!

Takeaways: An end to uncertainty, an effective vote of confidence and the repetitive use of the word ‘gradual’ by the FOMC inspired a brief rally in most equity and bond markets – even in some more vulnerable areas. So, is there really nothing to see here after their 0.25% increase in interest rates? Not quite. The … More The Fed awakens!

Previewing 2016: Will changes in the deal environment stall the M&A boom?

We’ll be issuing a list of top ten themes for 2016 at the start of January.  M&A is sure to feature and this week’s blog has a sneak preview in honour of a significant milestone and the return of a ‘mega-deal’ mooted in the last boom. There’s no reason to think that the deal carriage … More Previewing 2016: Will changes in the deal environment stall the M&A boom?

Changing landscapes: from BREXIT to high yield via the sales.

Takeaways: Our world is changing rapidly and unpredictably. We’ve picked a few areas to highlight this week, starting with a startling BREXIT poll that could reflect a broader inward turn across Europe. The UK’s version of Black Friday will be a reflection of retail’s changing landscape – turned up to 11. Moves in high-yield markets … More Changing landscapes: from BREXIT to high yield via the sales.

What’s next? Seven questions, six charts and two illuminating deals.

Takeaway: Of course Greece isn’t out of the woods. We remain convinced that the only sustainable way forward is through debt reconstruction. It’s not off the table, but it’s not on it either. So, whilst this debate remains parked on a hostess trolley in Brussels, we’re going to ask a few questions to help take … More What’s next? Seven questions, six charts and two illuminating deals.

The future isn’t what it used to be…what next for earnings?

Takeaways:  UK companies are issuing more profit warnings now than 2014. It would be easy to blame election stutters, sterling or oil prices, but the struggle to forecast isn’t new. Volatility, price pressure and disruptive influences have proved to be a troubling mix in this recovery – especially when costs are already cut to the … More The future isn’t what it used to be…what next for earnings?