Category: Investment Outlook
Bear market fear as another tech bubble deflates
13 May 2022To some investors it will seem the old investor adage of ‘Sell in May and go away’ has once again proven correct, especially when the US S&P500 fell within touching distance of that bear market threshold of -20% this week....
Market noise is almost deafening
6 May 2022The last week of April was like being on a roller coaster. We had rather hoped that the ride was almost over, but in fact it’s only been getting wilder. ...
Range bound markets – despite the drama
29 April 2022Equity markets have been range-bound through the past few weeks, but it does not feel like it. Volatility is at its highest since the nasty period in March 2020, which always raises our perceptions of potential downside. But the...
Finely balanced
22 April 2022Easter week has been a bit mixed for investors – and this was not caused by fears that populist Marine Le Pen closing the gap to incumbent French president Emmanuel Macron may herald another major political upset in the 2nd...
Easter review and outlook
14 April 2022The annual rate of inflation, as measured by the consumer price index (CPI) was reported at 7% in the UK, 8.5% in the US and even Germany recorded 7.3%. These are heights not seen for 40 years and were unsurprisingly front and...
Q2 begins with QT top of the agenda
8 April 2022Claire Bennison, our esteemed investment colleague and chart guru, has been talking of global equity market consolidation for several weeks. The chart below shows global equity and UK equity total return indices from the onset...
Yield curve inversion – no April fool
1 April 2022It is the first day of April, but after living through the events of this quarter, few seem in the mood for the usual April fools’ jokes. While UK consumers braced themselves for a surge in their cost of living – as the UK’s...
Better news is not always good news
25 March 2022Another good week for global equities, but a poor one for global bonds. Of course, that hides some disparity in the subsections that make up both markets. In the broadest sense, the US Federal Reserve (Fed) said interest rates...
Changing Tides
18 March 2022Last week we reminded portfolio investors of the importance of making sure that long-term investment decision-making is not overly influenced by short-term market fluctuations. Here at LWM, we aim to ensure portfolios remain positioned...
Positioning for the energy price shock
11 March 2022Global capital markets continued their wild ride this week, as market participants struggled to gauge by how much would Putin’s barbaric war on Ukraine dismantle their 2022 outlook for the global economy. Wild equity market...