Click Here for Printable Version The Straits of Hormuz remains closed, and the longer the closure continues, the greater the risk of a global recession. Although energy and fuel prices have risen, supply still appears adequate for now, however, global oil inventories are being depleted at a record rate. Since the conflict began, most pessimistic … Continue reading “May 2026 Market View”

Click Here for Printable Version The Straits of Hormuz remains closed, though talks appear to be in progress. As we write, no formal resolution has been announced, although there are reports that one is imminent. For now, bond markets continue to fall as they reflect higher inflation risk. UK 10‑year gilt yields are holding firmly … Continue reading “April 2026 Market View”