Boom, bubble and breakfast

Yesterday saw us host our annual Big Breakfast in the beautiful Parlour Room at FORA Victoria for our third-party partners.

At last year’s event we were one month into President Trump’s second term and talk inevitably turned to what potentially lay ahead in 2025. A year on and following a flurry of executive orders, a Liberation Day, the ‘One Big Beautiful Bill’ and a host of foreign policy controversies, US politics and the US economy featured prominently again.

Chris Wyllie, our Chief Investment Officer was interviewed by Alex Twiss, our Managing Director. After setting the scene with a look at our investment process ‘Traffic Lights’, Chris talked about the current markets and covered everything from the ‘AI bubble’ and how investor focus is now moving beyond the ‘Magnificent Seven’, to the US midterm elections, the trajectory of the dollar, smaller companies and the bond market.

Thanks to our guests for making this such a successful and well attended event, and to the team at FORA for looking after us so well.