MARKET UPDATE – NOVEMBER 2023

MARKET UPDATE – NOVEMBER 2023

Nov 24, 2023

CONTINUED DECLINES IN GLOBAL EQUITY MARKETS Stock markets struggled for a third consecutive month as concerns persisted regarding the potential impact on the global economy from interest rates remaining higher for longer in the face of still strong activity in the US....
MARKET UPDATE – OCTOBER 2023

MARKET UPDATE – OCTOBER 2023

Nov 2, 2023

SEASONAL FALLS FOR EQUITIES AND BONDS Financial markets had a tough third quarter, with September yet again weak as equity and bond prices tumbled. Optimism regarding interest rate declines in Q4 and further reductions early in 2024 was dispelled as the US economy...
MARKET UPDATE – SEPTEMBER 2023

MARKET UPDATE – SEPTEMBER 2023

Sep 29, 2023

MARKETS TURN NEGATIVE ON FURTHER RATE RISE FEARS August turned into a poor month for both equities and bonds as surging US rate expectations and weaker growth in Europe and China challenged the Goldilocks scenario. Erratic price action was exacerbated by thin summer...
MARKET UPDATE – JUNE 2023

MARKET UPDATE – JUNE 2023

Jun 27, 2023

COMMODITIES, BONDS AND EQUITIES LOWER DESPITE TECH ADVANCES It was a month when this year’s acute focus on US Fed interest rate moves shifted to the possibility of a US government debt default as the debt ceiling threatened to be breached in early June. As expected,...
MARKET UPDATE – MARCH 2023

MARKET UPDATE – MARCH 2023

Mar 31, 2023

ROBUST US ECONOMY CAUSES RENEWED BOND SELL-OFF Stock markets took fright during February as US economic data came in much hotter than expected. The labour market showed continued strength while both inflation and retail sales were higher than expected. This raised the...