Tariffgate needs a tin hat and a cool head – Ken Baksh
Away from the noise , and busy inboxes….full of the usual cliches, “Buy for the Bounce” “Comparison with 1929” “This time its different” “Conspiracy theories” “100% cash” “100% US tech” “Blood on the streets” “Correction territory” “Stagflation” Globalisation is good/bad…. China is the ultimate winner etc etc Some hard facts US forward PE below 20….for first time in ages..though still well above long term average .Market […]
Ken Baksh – February 2023 Investment Monthly
FEBRUARY 2023 Market Report Investment Review Summary During the one-month period to 31st January 2023, major equity markets, as measured by the aggregate FTSE All – World Index, rose moderately, by nearly 6%, in dollar terms, one of the best January performances in recent years. Chinese equities and related emerging markets, NASDAQ and Continental European […]
January 2023 Investment Review – Alan Green talks to Ken Baksh
January 2023 Investment Review – Alan Green talks to Ken Baksh. Covering global markets, trends for 2023 and expected developments, the interview is published in conjunction with Ken’s investment report here Ken’s outlook is best summarised with ‘Ken’s Tens’. • Keep an overweight position in renewable/infrastructure, especially in investment trust (page 21). • Favour value […]
Ken Baksh – January 2023 Investment Monthly
JANUARY 2023 Market Report Investment Review Summary During the one-month period to 31st December 2022, major equity markets, as measured by the aggregate FTSE All – World Index, fell, by over 1.5%, taking the year-to-date loss to 19.3%, in $ terms. Chinese equities and related emerging market indices were relatively stable while the tech-driven NASDAQ […]
Ken Baksh – December Investment Monthly
In our December investment review, Ken discusses the macro picture in the US, Europe, China and Japan before looking at the effects of inflation. We then look at moves over the past 2 months before moving to the UK economy and issues such as consumer confidence, the trade deficit and Govt deficit, insolvencies and recession […]
October 2022 Investment Review – Alan Green talks to Ken Baksh
Former fund manager and market analyst Ken Baksh has over 30 years experience in the markets, and is widely respected for his insightful analysis and investing ideas. In the first of a series of monthly interviews with Alan Green, Ken offers his view on global economies before moving closer to home and asking whether the […]
Ken Baksh – March Market & Investment Report
March 2020 Market Report During one-month period to 29th February 2020, major equity markets registered large falls, rising initially and then falling sharply, mainly on growing coronavirus concerns. The FTSE ALL-World Index dropped by 9.62% over the period. The VIX index rose sharply (+160%) to end the period at 46.22, a level reflecting elevated investor […]
Ken Baksh – Quarterly Investment Report Q1 2020
Investment Strategy /Asset Allocation-First Quarter 2020 Any reference to benchmark should be tailored to individual client preference. These could, for instance, be 1) Absolute return based. 2) Cash/ LIBOR/SONIA, or equivalent, based (0.70%). 3) Inflation based. (UK CPI 1.5% November). 4) Index based (FTSE 100, FTSE All-Share, MSCI, S&P etc.). 5) Peer group based (Private […]
Ken Baksh January 2020 Market Report
During one-month period to 31st December 2019, major equity markets registered strong gains. The FTSE ALL-World Index rose by 2.18% over the period, up by 23.9% since the beginning of the year. The VIX index fell by 1.45% to end the period at 12.26, a rather “complacent” level by historic standards. Most fixed interest products […]
Ken Baksh December 2019 Market Report
During one-month period to 30th November 2019, major equity markets registered gains. The FTSE ALL-World Index rose by 2.8% over the period, now up by 21.3% since the beginning of the year. The VIX index fell by 8% to end the period at 12.44, a rather “complacent” level by historic standards. Most fixed interest products […]