Are you already a client or interested in our services? We are happy to help you.
For Private Banking and Professional Solutions
We are happy to speak to you in person. Call us or click on the link below for more contact options and locations.
The Netherlands
0800 17 37
Belgium
+32 (0)32 86 69 80
Switzerland
+41 (0)43 377 11 11
For Investment Management:
For Investment Banking:
We are happy to speak to you in person. Call us or click on the link below for more contact options and locations.
The Netherlands
+31 (0)20 348 80 00
United States of America
+1 (0)21 237 601 34
Market Musings
Roadrunner, Radiohead and Rates
Will the current climate lead to a 2008-2009 style financial crisis?
Readers of a certain age will be familiar with the cartoon Roadrunner and in particular the work of Wile E Coyote. Wile E’s entire existence was predicated on his need to catch Roadrunner, coming up with ever more elaborate schemes to achieve his goal. He would order some contraption from the ACME company (a forerunner of Amazon noted for the ability to deliver anything, anywhere, within a day) before inevitably failing in his goal as Roadrunner gave him the slip once more.
However, Wile E was also magic. He could defy gravity, temporarily. Having tried to chase Roadrunner over a cliff for the millionth time, he would levitate – briefly – before becoming aware of his situation and plummeting to the ground. To quote Radiohead, ‘Gravity always wins.’ Today, I feel like we may be having a Wile E moment with global markets and the economy. A brief but exhilarating moment of weightlessness before gravity wins again. Because, rather like Wile E’s experience of gravity, monetary policy works with a lag.
To read Rob Scammell's full thoughts on why the markets and global economies may be experiencing a period of weightlessness before heading for a bumpy landing, download the document below.
This content has been prepared by Van Lanschot Kempen Investment Management (UK) Ltd. (‘’VLK Investment Management (UK)’’) for information purposes only. The information contained is of a general nature and should not be considered as the giving of investment advice by VLK Investment Management (UK) or any of its members, directors, officers, agents, employees or advisers. In particular, this document does not constitute an offer or invitation to enter into a transaction. Neither this document nor anything contained in it shall form the basis of any contract or commitment whatsoever. VLK Investment Management (UK) is authorised and regulated by the Financial Conduct Authority (Firm Reference No. 166063). No part of this document may be used without prior permission from VLK Investment Management (UK) Ltd.
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.