Global Equities – March rebound Global equity returns enjoyed a modest 2.6% rebound in March, after a decline of 1.0% in February and a larger 6.1% decline in January. The rebound appears to reflect optimism that prospective U.S. interest rate increases should not unduly slow global...
Key global market moves – war and rates hurt sentiment Global equity prices weakened a further 1.1% in February after a sharp 6.2% decline in January, as persistent global interest rate and inflation worries were joined by a new risk factor – Russia’s assault on Ukraine...
Key global market moves – rate fears rattle stocks Global equities suffered a sharp fall in January as rising bond yields placed downward pressure on price-to-earnings valuations, especially among growth stocks. The yield on U.S. 10-year bonds surged 0.27 percentage points to 1.78%, as high U.S. inflation...
Despite rising bond yields last year, the strong V-shaped recovery in global equity markets from the COVID crisis of early 2020 largely continued over 2021, powered by ongoing growth in corporate earnings. U.S. equity performance remained preeminent, though there were sector winners among both value...
Key global market trends – rates and COVID spark concern Global equities suffered a setback in November reflecting concerns about both the Omicron COVID variant and a hawkish pivot by the U.S. Federal Reserve. Bond yields and commodity prices eased over the month, while the $US...
Global equities rebounded in October – despite a further lift in bond yields – as another strong U.S. corporate earnings reporting season and signs of peaking in the Delta outbreak supported sentiment. The key market development was the strength in U.S. corporate earnings, despite widespread cost pressures...
Global equities suffered a setback in September as a rebound in bond yields dragged down still lofty price-to-earnings valuations. The key market development in the month was a more hawkish than expected Federal Reserve policy meeting, which suggested a tapering in bond purchases would be...
Global equities rose 2.6% in August, and the outlook remains encouraging. Global forward earnings accounted for most of the increase in equity prices, rising 1.9%. Despite a renewed wave of global COVID cases, rising vaccination rates have meant fewer are ending up in hospital or dying...
Global equities pushed higher in July, and the outlook remains encouraging. Despite a renewed wave of global COVID cases, rising vaccination rates have meant even fewer are ending up in hospital or dying – allowing major economies such as the United States and Europe to avoid...
An apparent easing of inflation concerns and central bank tightening fears were the major market drivers in June, along with continued progress in the global vaccine rollout and reduction in COVID-related restrictions. [vc_video link='https://www.youtube.com/watch?v=WsiWruLObGs'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] As a result, the global equity rally...