by John Sparks | Jun 4, 2026 | News
Changing of the guard Following the appointment of Kevin Warsh as the new Federal Reserve (“Fed”) Chair, the US central bank may soon see its most significant philosophical shift since the Global Financial Crisis (“GFC”). Ignoring the short-term policy action that may...
by John Sparks | May 7, 2026 | News
2026: The year of scarcity It is hardly an exaggeration to say that the primary driver of equities year-to-date has been a scarcity trade, most notably in oil and AI infrastructure. Figure 1 – Energy and IT have been the main drivers of upward revisions to earnings...