April 2024
View FileWashington elites fear Donald Trump's return to the White House, the only way they have to avoid it is to overheat the economy and financial assets
January 2024
View FileInflation seems to have ended with hardly any casualties, but as with diets, the last kilos are the hardest
October 2023
View FileCurrent risk-free bond yields should readjust other assets’ valuations
July 2023
View FileAs we enter the second half of the year, we have completely restructured a positioning that has not been working for the past nine months.
April 2023
View FileBanking panics aren’t new: J.P. Morgan had to come to the rescue in 1907 due to the Federal Reserve's no-show
January 2023
View FileAs the Dutch learned in Amsterdam 400 years ago and the cryptobros more recently, capitulating to the fear of missing out is never a good investment rationale
October 2022
View FileFor years, European elites have been behaving like the wealthy class of King's Landing, capital of Westeros in the acclaimed series Game of Thrones, whose inhabitants resided too far from the winterly threat to care.
July 2022
View FileTo slow the current episode of inflation, central banks have done exactly what they did in 2008, but in reverse: make us all feel poorer so that we curb consumption.
April 2022
View FileThe Ukrainian people, inspired by their leader Volodymyr Zelensky have shown steadfast resistance in defence for freedom, forcing the West to launch the biggest financial attack in history
January 2022
View FileOne day the music will stop playing, liquidity will quickly dry up and those who can't find a seat will be faced with the difficult task of explaining to their grandchildren why they invested all their savings in a drawing of a primate.
October 2021
View FileFixed income has been the best line of defense for the past 30 years, but in the current context it could suffer the same fate as the Ligne Maginot
July 2021
View FileJohn Law’s miserable story should serve to remind us that money is nothing more than a medium of exchange with no real value, so the more money there is in the economy, the more goods and services will cost
April 2021
View FileThe commitment to the energy transition and compliance with the Paris Agreement are no longer mere rhetoric speeches but have become the cornerstone of supranational policies
January 2021
View FileIt would be naive to think that the largest money supply increase ever seen will not have consequences in the medium term
October 2020
View FileGuide to follow the American elections
October 2020
View FileThe Amazon River reminds us that two opposite realities can coexist
July 2020
View FileThe gap between Wall Street and Main Street has never been wider
May 2020
View FileEuropean dividends offer an attractive opportunity in case of a rebound
April 2020
View FileThis quarter’s volatility only has two precedents in history: 1929 and 1987
January 2020
View File2019 has been an extraordinary year for all kinds of asset class, it will hardly repeat in 2020
October 2019
View FileThe most dangerous time in 30 years to invest in this asset class.
September 2019
View FileHow the global financial crisis disrupted the european financial sector and why it might never recover.
January 2019
View FileAn overview on the basic functioning of macroeconomics and capital markets.
© Copyright 2021, Hanway Capital, S.L.
Jonas Hanway (1712-1786) was the first man to use an umbrella. He was the most misunderstood man in London for more than 30 years until his invention finally became popular