Global equity markets were higher in February, with the MSCI World Index (in local currency) climbing 2.7% over the month. In Australia, the cyclical and value heavy ASX200 rose...
Global equity markets had a mixed start to 2021. After continuing the post US election equity market lift-off for most of January, news of a ‘short squeeze’ on heavily shorted US...
Global equity markets experienced lift-off in November. Promising vaccine trial results and a benign US election outcome led to improved sentiment and expectations of economic...
Global equity markets have seesawed in the past two months. The Covid 2nd wave and US election uncertainty are influencing the investor outlook.
The debate between US Congress and the White House over a further stimulus package and how this is influencing markets.
A number of risks remain prevalent but there is also cause for optimism. We weigh up the factors that are dividing market opinions.
In an important shift, the US Federal Reserve changed revised its inflation target meaning that policy rates will stay lower for longer.
Enduring negative real rates and fiscal stimulus may encourage inflation. The best performing assets will be those that are inflation protected.
One characteristic of the current crisis is the acceleration of many trends that were already underway.