Market Commentary – March 2023 Stock markets took fright during February as US economic data came in much hotter than expected. Markets no longer looking for big rate cuts later in 2023 US: Federal funds rate expectations. Robust US economy causes renewed bond sell-off The labour market showed continued strength while both inflation and retail […]
Market Commentary Q1 – 2023 POSITIVE START TO THE NEW YEAR AS US INFLATION EASES. Stock markets recorded their best start to a year since 2019 as signs of inflation easing and a possible end in sight for rate hikes sparked investors’ animal spirits. January is the strongest month in pre-election year. Source: Carson Investment […]
Market Commentary – October 2022 INFLATION AND GLOBAL INTEREST RATE HIKES CONTINUE TO CAUSE MARKET HAVOC. The struggle of central banks to fight multi-decade high inflation remained centre stage during the third quarter, with stock markets and bond yields responding to fluctuating interest rate expectations. Markets in July rebounded strongly from their mid-June lows and equity exposure was […]