2006 :

• Global Markets – 4th quarter 2006 : Uranium or oil – which will dominate as the primary energy source in the 21st century?
  I recently read an interesting article about the development of nuclear energy in China and India, which I have tried to summarise in this report for your interest. Currently the energy consumption of each of these countries is about 1/30th of that of the Americans and about 1/20th of that of Europe, per capita. [ More... ]

• Global Markets – 3rd quarter 2006 : Is the domestic interest rate party finally over?
  Isn't it astounding how suddenly things can change? Although we hinted at a potential increase in domestic interest rates in our last quarterly report, most analysts were not expecting the interest rate increases to commence as quickly as they did. [ More... ]

• 2nd Quarter 2006: Global Markets 2nd quarter 2006 - The Power of Four
  Few of us, perhaps, give much thought to the enormous responsibility shouldered by just four men over interest rates in the four largest regions of the world and the potential impact of these decisions on the global economy. [ More... ]

• 1st Quarter 2006: Global Markets 1st quarter 2006 - The Bull Run in Domestic Equities Continues - But, For How Long?
  At the time of our quarterly report at the end of February last year the consensus view was that equities would be the asset class of choice for 2005. [ More... ]