The world was expecting the second presidential term of Donald Trump to take an unconventional and rough tackle approach to most issues, but what we have witnessed in little over the past week goes far beyond what even members of his own inner circle had envisaged. Equity and bond markets fell in tandem as the […]
Following strong positive returns in 2024, all Tacit strategies have delivered broadly flat returns in 2025 to date. This is during a period in which global equities, as measured by the MSCI World Index, have fallen 5.4% for sterling investors. Volatility has increased markedly this year as investors have reassessed the thesis that US exceptionalism […]