Economic and Market Commentary – May 2023
May 2023 Economic and Market Commentary Go back Overview While most markets and asset classes struggled in May, mega cap tech stocks exposed to the artificial intelligence (AI) theme continued to drive the majority of US sharemarket performance. The Nasdaq Composite finished the month 5.8% higher, while the S&P 500 added just 0.3% and the […]
Economic and Market Commentary – March 2023
March 2023 Quarterly Economic and Market Commentary Go back Economic & Market Review Falling bond yields and bullish sentiment saw 2023 begin with a bang, with most global markets rallying strongly. As the rally gathered momentum, widespread short covering meant that several lower quality stocks were pushed higher, including those that lack positive earnings and […]
Economic and Market Commentary – January 2023
January 2023 Economic and Market Commentary Go back Overview Financial markets shook off the woes of 2022 to begin the year in spectacular fashion. A combination of falling bond yields, bullish sentiment and a short squeeze, set fire to the investment landscape. On the domestic front, the ASX 200 ended January 6.2% higher, to entirely […]
Quarterly Economic and Market Commentary – December 2022
December 2022 Quarterly Economic and Market Commentary Go back Economic & Market Review The final quarter of 2022 started with a bang as shares roared back in October and November on signs that price pressures had peaked and central banks would soon slow the pace of interest rate hikes. However, financial market woes returned in […]
Economic and Market Commentary – November 2022
November 2022 Economic and Market Commentary Go back Overview Share market investors found further relief in November as a deceleration in the rate of inflation in key global regions lifted hopes that the monetary tightening cycle is approaching its peak. This view gained further credence when US Federal Reserve Chair Jerome Powell signalled it would […]
Economic and Market Commentary – October 2022
October 2022 Economic and Market Commentary Go back Overview Global share markets roared back in October, led by a 14% surge in the 30-stock Dow Jones index, capping off its best month since 1976. Meanwhile, the S&P 500 and tech-heavy Nasdaq added 8% and 3.9%, respectively. October’s gains came despite a mixed third-quarter earnings season, […]
Economic and Market Commentary – September 2022
September 2022 Economic and Market Commentary Go back Overview Global share markets faced further volatility during September, which saw the US S&P 500 close out the month and quarter at a new 2022 low, experiencing its worst month since March 2020. Markets lurched lower after the US Federal Reserve’s (the Fed’s) updated view and plan […]
Economic and Market Commentary – July 2022
July 2022 Economic and Market Commentary Go back Overview The first month of FY23 came as a welcome relief to investors who have endured a terrible first half of the calendar year. Domestic share investors embraced the bear market rally that began in June, with the S&P/ASX 200 gaining nearly 5.8% including dividends. Small caps […]
Economic and Market Commentary – August 2022
August 2022 Economic and Market Commentary Go back Overview Global share markets underwent an about-face throughout the course of August, beginning the month well, but giving back all the gains and then some. The US S&P 500 traded most of the month in the green, but was unable to remain above key resistance levels. More […]
Economic and Market Commentary – June 2022
june 2022 Economic and Market Commentary Go back Overview The 2022 financial year ended with markets well and truly in the red. The US share market was particularlysavaged. To put this into context, the S&P 500 posted its worst first half to a calendar year in more than half acentury. All three major US stock […]
