+44 (0) 20 3667 3425 info@lightmanfunds.com
Euro Dollar Implications

Euro Dollar Implications

Euro Strength? A year of weak economic data and the ECB easing monetary policy has weakened the euro. What if the trend in the currency changes? What are the implications for European Equities? There are some signs the euro could strengthen vs the dollar in the coming...
The case for a European Economic Recovery?

The case for a European Economic Recovery?

The industrial economy led the European economy down and it will likely be required to lead the economy back up. There are reasons to suggest this process of recovery could begin imminently. Why? 1) The scale of the downturn already European manufacturing has been in...
An assessment of current market extremes

An assessment of current market extremes

At times of higher market volatility we believe it can pay to step back and assess valuations within longer historical time periods.  The most extreme moves in recent weeks have been in the bond market. This has had large implications for relative valuations within...
The conditions for a turning point

The conditions for a turning point

There has been an extraordinary flight to safety within European equities over the last 12 months, but it has occurred without fanfare.  This level of risk aversion is normally associated with a very high VIX index and near panic. This time it has occurred more...