Category: Investment Outlook
Why are markets so calm?
4 October 2024Raised tensions in the Middle East have dominated the headlines this week. Capital markets are obviously not the most humanly important consideration in this situation, but our job as investment managers is to think about how...
Global growth tailwinds
27 September 2024Rarely do non-US stories dominate global capital markets as much as this week. China announced a double shot of economic stimulus that surprised most – and Chinese stocks surged in response. European equities, particularly luxury...
Central bank Pivot 2.0
20 September 2024Central banks dominated the narrative this week. The US Federal Reserve’s (Fed) 50 basis point cut to interest rates was by far the biggest market news, surprising some who expected a smaller move. Investors took the news well,...
Market fears fading
13 September 2024Capital markets picked themselves up this week. Global stocks are up, recovering well from a tough start to September. At the time of writing, not all of last week’s losses have been recovered, but markets seem to breathe a...
Nervous markets ahead of second pivot
6 September 2024Capital markets have started September rather despondently. It feels similar to (though not nearly as bad as) the sell-off that started in August, after which stock values quickly recovered. There were risks and headwinds back...
Balancing acts
30 August 2024It was a flat week for global stock values, but with a fair amount of dispersion. US returns were once again weighed down by tech, but the UK and Europe are up over 1% at the time of writing. The overall sluggish picture seems...
Late Summer heatwave
23 August 2024Global stocks continued their climb higher until the latter part of this week. The rise up until Wednesday had shown remarkably steady gains in daily terms. When you put that together with gains over the last few weeks, equity...
Market correction turns into pothole
9 August 2024Our sign-off last week was supposed to be cautiously optimistic – predicting a bumpy ride to a decent destination in markets – but friends told us it read a little negatively. Cue the worst daily loss for the S&P 500 in...
Central bank week
2 August 2024It’s been another nervy week for investors. Month-end positioning may have had a part to play in creating ups and downs, but most markets were more focused on interest rate decisions. The Bank of England (BoE) cut, the Bank...
Don’t fear the rebalance
26 July 2024The rough patch for global stocks continues. Equities had a fairly dramatic fall on Wednesday, led yet again by the US large-caps. Wednesday saw both the S&P 500 and the Nasdaq experiencing their worst single-day losses since...