MARKET UPDATE – Earnings continue to outpace expectations

MARKET UPDATE – Earnings continue to outpace expectations

Investor sentiment in April was supported by the continued economic recovery. While estimates of 2021 GDP growth continue to rise, the US Central Bank maintains that it is in no hurry to withdraw monetary stimulus. Consequently, many major equity indices have climbed...
MARKET UPDATE – Sector Divergence Remains in Focus

MARKET UPDATE – Sector Divergence Remains in Focus

The past year has brought not only huge market swings between risk-on and risk-off phases but also a staggering divergence of returns between regions and investment styles. In equities, much of this can be explained by sector performance. The outlook for inflation is...