Buying time
Luxury watches increasingly retail for tens of thousands, hundreds of thousands and even millions of pounds. Many only increase in value when sold second-hand. Is this simply because they are exquisitely made or are other forces at play?
Review of the week: Profits are back
Company profits are bouncing back earlier than expected. How quickly will our economies come back to life once vaccinations are finished? And how different will they be?
Review of the week: Ghosts of the past
Are we due a re-run of the Roaring Twenties? And if so, what does that mean? A look back at the world’s last post-pandemic recovery and a bit more besides.
Many emerging markets are at the back of the vaccine queue
The prospect of widespread inoculation is like a shaft of light in the darkness of a very long year. But just how much of the world will that light touch?
Review of the week: Like birds in the sky
When the going gets weird, the weird turn pro. The GameStop upheaval on Wall Street is part of the ongoing democratisation of finance. Ignore its effects at your peril.
Review of the week: Everything is up
Markets have had a stellar run, despite mixed news on inoculations. It’s in everyone’s interests for asset prices to remain high, but that’s no guarantee they will stay that way. As always, diversification is key.
Optimistic realism in a vaccinated recovery
A roller-coaster of a year finished on a high note for the markets, and we start 2021 with a sense of relief that one of the most difficult years many of us have ever experienced is behind us.
Review of the week: E pluribus unum
One President will be sworn in as his predecessor is set to be impeached. What matters for the US now is a united front from lawmakers to support the economy against the latest wave of COVID-19.
Uncharted waters
Four thousand people have scaled Mount Everest, tens of thousands have visited Antarctica, and even the Moon has had a dozen visitors leaping through its dust.