The Market’s Uncertainty Principle…

This is our latest weekly market update. Formulated by the German physicist and Nobel laureate Werner Heisenberg in 1927, the uncertainty principle states that we cannot know both the position and speed of a particle, such as a photon or electron, with perfect accuracy; the more we nail down the particle’s position, the less we know about its speed and vice versa. I think the same can be said of the markets, as light is dawning that its hard to pin down the true vectors of inflation, and so market value as bonds yields are tending to rise, despite the […]