Overview
August was characterised by slowing momentum, with markets fearing that the AI ‘bubble’ is bursting, but Federal Reserve Chair Powell’s speech in Jackson Hole helped markets to shake…
Read more →
Overview
Wimbledon set the tone for markets in July, with champagne corks continuing to fly as the S&P 500 registered another ten record highs over the month. However, Europe…
Read more →
Overview
As we passed the summer solstice, the length of the US market rally showed no signs of shortening. Bears have long been out of hibernation, but are likely…
Read more →
Overview
This year, April Fool’s Day occurred on the second day of the month, with so-called ‘Liberation Day’ placing substantial tariffs on nations across the globe. An island solely…
Read more →
Overview
March saw Trump continue to give mixed Signals to the market on tariffs and news that sensitive military operations had been leaked to the press through the equivalent…
Read more →
Overview
February was a month to forget for US market participants. Whilst President Trump’s first term was a positive one for markets, like many sequels, Trump 2.0 has been…
Read more →
World Market Summary
The main event in January was Trump’s return to the White House, but his welcome was short-lived as DeepSeek tested the narrative of US exceptionalism. The…
Read more →
World Market Summary
December is typically a mixed month for market performance and 2024 was no different, but the notorious ‘Santa rally’ failed to materialise. Bond yields rose and…
Read more →
World Market Summary
In fitting fashion, firework season went off with a bang as Donald Trump resoundingly saw off Kamala Harris to secure his second term in office. In…
Read more →
World Market Summary
October was most notably characterised by a spooked bond market, with the fear gauge soaring as Halloween neared. The cause was a broad-based bond sell-off ahead…
Read more →