Oil - the supply side response is shaping up
Brent crude touched a low of around $27.50, and has since risen around 28% to $35.15, over the last 3 weeks. We saw a similar 25% bounce back in Aug 2015, only to then see prices retrace to new lows. The most recent speculation is around co-operation between Russia and Saudi Arabia, raising hopes that OPEC led supply may be reduced. Whilst trying to predict the price of oil, in the short term, is a thankless task, increasingly, you can see the pressure on the supply side response coming to bare. That is, oil producers increasingly cannot service debt, and oil dependent governments have holes (canyons) in their budgets, that they need to address. We look at the way these issues are playing out. (VIEW LINK)
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Tom is a Founder and Head of Wealth Management. Since 2012, he has been running the Alpine Model Portfolios, focusing on macroeconomics and tactical equity positioning. These portfolios were initially created as a solution for "core wealth management" for Alpine's HNW clients, and are now openly available online through the website. Everything starts with the macro, and then we work back from there in terms of asset allocation and positioning for risk. We work with leading independent research providers and have a structured approach that has worked very well over time. Outside of the core portfolios, we look for opportunities in the small to mid-cap sectors of the market, where our experience can add value.
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Tom is a Founder and Head of Wealth Management. Since 2012, he has been running the Alpine Model Portfolios, focusing on macroeconomics and tactical equity positioning. These portfolios were initially created as a solution for "core wealth...
Expertise
Tom is a Founder and Head of Wealth Management. Since 2012, he has been running the Alpine Model Portfolios, focusing on macroeconomics and tactical equity positioning. These portfolios were initially created as a solution for "core wealth...
Expertise
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