Data providers like Bloomberg aggregate the target prices published by sell-side analysts to derive a marketwide consensus price target. Does the wisdom of this crowd tell us something about future returns?

So-called continuation funds have been booming, especially since M&A and IPO activity took a hit in 2022 and 2023 in the wake of choppy markets and rising interest rates. A warning signal or an opportunity?

Financial conditions have worsened considerably on the back of tighter monetary policy. Is this a bad omen for equity markets? We think the 90s may hold the answer.

The more extensive than anticipated rise in interest rates has temporarily halted the surge in commodity prices. Still, underlying demand trends meeting constrained supply are poised to continue driving a bullish secular cycle.

Only just released, ChatGPT has taken the internet by storm and drawn attention to a new breed of software writing computer codes and poems or drawing cartoons.