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US profits boosted by one-offs

stock market graph numbers cogs

US corporate profits have been inflated by stock appreciation, reduced overreporting of depreciation and government subsidies. The consensus forecast for S&P 500 earnings may understate the coming drag as these temporary influences fade.

Beating the biotech blues

The sector is experiencing its worst period of relative underperformance on record. But some of history’s biggest biotech pains have been followed by memorable gains.

Chris Herringshaw

Chris Herringshaw

Chris Herringshaw is Chief Technology Officer at Janus Henderson Investors, a position he has held since 2021.

Understanding the Impact of Delta

talking panel on delta variant

The highly infectious variant of COVID-19 has led to rising case numbers, but we explain why a return to normalcy is still within striking distance.

Beating the Biotech Blues

The sector is experiencing its worst period of relative underperformance on record. But some of history’s biggest biotech pains have been followed by memorable gains.