For a few years Dynasty has utilised a “currency decoder” model developed by Dr Lance Vogel (a member of our investment committee), which is based on metrics such as the level of the US dollar relative to its developed market peers; how emerging market currencies are priced relative to the dollar; and what difference in…
“By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machines.” – Economist, Paul Krugman “In the UK… GDP per capita grew about 40% between 1700 and 1800. It more than doubled between 1800 and 1900. And between 1900 and 2000, it grew…
The mighty US dollar has held a central role in the world’s monetary system since the Bretton Woods Agreement in 1944 defined all other currencies in relation to the American greenback. But with the rise of China as a global superpower and growing tensions between the West and the East, together with BRICS, some commentators…
Building on their continued strong recovery in the first quarter of 2023, global equities maintained their momentum in the second quarter. The MSCI World Index climbed 7%, the S&P 500 was up 8.74% and the Nasdaq 100 rose 15.16% for the quarter – bringing total gains for first half of 2023 to 15.43% for the…
