The Market Call

The Market Call gives a periodic summary of major macro events, market themes and selected UK company-specific news.

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October 20, 2023

20 October 2023 – It’s the debt, stupid

In MacroNews today: oil and gold rising again as Israel conflict continues. Powell talks and a look at US bond yields, inflation, debt and why investors are not buying Treasuries?

In UK Company News we take a look at Impact Healthcare REIT IHR - currently yielding 8% but will this still look attractive with government bonds offering ever rising 'risk free' returns?

For the accompanying summary read the day's Market Prognosis.  

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