Williams Investment Management Financial Commentary

Financial Commentary – June 2022

Markets are now reflecting multiple concerns. February witnessed the shock of a full scale Russian invasion of Ukraine, rather than a Donbas land grab mirroring Putin’s previous tactics in North Ossetia, Abkhazia and Crimea. Due to Ukrainian resistance, Western assistance and poor Russian tactics, Putin’s ambitions have subsequently been clipped out of necessity.  However, the…

Williams Investment Management Financial Commentary

Financial Commentary – January 2022

Another month, another Covid variant. To date, each new strain has caused less economic damage than its forerunner. Whether Omicron follows this pattern remains to be seen although anecdotal evidence suggests that while it appears more infectious, it is ultimately less dangerous to vulnerable patients. It is, of course, entirely predictable that the virus is…

Williams Investment Management Financial Commentary

Financial Commentary – December 2021

Markets have shown little enthusiasm to break out of the narrow trading ranges established over recent months. The US Federal Reserve said it would begin tapering its monthly asset purchases to $105bn from $120bn, with another $15bn reduction this month. Note, it’s only reducing the amount of assets bought with resources conjured out of thin…

Williams Investment Management Financial Commentary

Financial Commentary – November 2021

Markets continue to trade within narrow ranges. The reopening of economies has delivered a strange brew of supply chain issues, shortages, stuttering industrial production and inflation.  Supply chain problems will eventually sort themselves, as will shortages but as we’ve said many times before, we doubt inflation will be quite so easy to fix, All major…

Williams Investment Management Financial Commentary

Financial Commentary – October 2021

Not for the first time, this month we find ourselves writing something very similar to what was written the previous month and indeed, the months before that. Markets recognise economic recovery is clearly on the march but Covid-19 outbreaks (and variants thereof) together with higher inflation, temper optimism. If rising prices are indeed temporary, herd…