Is the Federal Reserve really in control?

Whenever investors have a rush of doubt over inflationary pressures or the possibility the Fed might start to reduce its assistance, there are short, sharp sell-offs in riskier assets. The Fed is very clear about what it is trying to do. It is working closely with the Biden Administration on a huge joint stimulus of … Continue reading “Is the Federal Reserve really in control?”

Looking back at the markets through April 2021

A selection of articles looking back through the markets last month. Global Market Review Optimism drives share prices in April Global equity markets generally rose during April, buoyed by encouraging economic data from the US. The International Monetary Fund (IMF) upgraded its forecasts for global growth from 5.5% to 6% in 2021 and from 4.2% … Continue reading “Looking back at the markets through April 2021”

How much more QE? Markets need their sugar high

Last week the Bank of Canada slipped out that it was cutting its Quantitative easing programme by one quarter, taking it down to C$3bn a week of bond buying from C$4bn. They got away with it, and markets remained unruffled. Over at the ECB, Mrs Lagarde wanted people to know they are accelerating their QE … Continue reading “How much more QE? Markets need their sugar high”

Looking back at the markets through March 2021

A selection of articles looking back through the markets last month.  Global Market Review “Light at the end of the tunnel”? The global economic outlook has improved, according to the Organisation for Economic Cooperation & Development (OECD), which upgraded its growth forecasts, as vaccine rollouts gain momentum and governments – particularly the US – provide … Continue reading “Looking back at the markets through March 2021”

Looking back at the markets through February 2021

A selection of articles looking back through the markets last month.  Global Market Review Concerns grow over inflation Although most major equity indices ended February in positive territory, the month finished on a question-mark. A sharp sell-off across bond markets pushed up bond yields and drove down demand for growth stocks as investors assessed the … Continue reading “Looking back at the markets through February 2021”

Looking back at the markets through January 2021

A selection of articles looking back through the markets last month.  Global Market Review “Unintended consequences” Financial markets are becoming increasingly vulnerable to a sharp correction that would, in turn, jeopardise stability, according to the International Monetary Fund (IMF). The IMF warned that investors’ expectations of continued support from governments and central banks has generated … Continue reading “Looking back at the markets through January 2021”

Looking back at the markets through December 2020

A selection of articles looking back through the markets last month. Global Market Review Shares advance on vaccine optimism After a tumultuous year in which the coronavirus pandemic gripped the world, many major stock markets ended 2020 in positive territory. Investor sentiment was buoyed towards the end of the year by optimism over the prospect … Continue reading “Looking back at the markets through December 2020”

Looking back at the markets through November 2020

A selection of articles looking back through the markets last month. Global Market Review A November to remember It was a November for investors to remember as a widespread focus on the perceived safe havens of gold and government bonds was replaced by renewed interest in equities. Many major equity markets notched up double-digit gains … Continue reading “Looking back at the markets through November 2020”

Are investors adjusting to the new normal?

Potential for recovery following Covid-19 and trends which have accelerated as a result of it give many reasons for optimism heading into 2021. The list of reasons for investor uncertainty heading into 2021 remains long. A global pandemic. Lockdowns. Volatile markets. Political turbulence. Uncertainty over jobs and the economy. Record levels of government borrowing – … Continue reading “Are investors adjusting to the new normal?”

Looking back at the markets through October

A selection of articles looking back through the markets last month. Global Market Review The “second wave” breaks Share prices fell heavily around the world during October as Covid-19 infection rates continued to rise. Governments intensified their lockdown measures, triggering concerns over prospects for economic recovery. “In the UK, rising infection rates led the Government … Continue reading “Looking back at the markets through October”

Debts, deficits and stimulus

We have just witnessed the Japanification of world finance as central bank attempt to counteract measures to stop Covid-19. How will this all end? Never before in human history has so much extra money been created by central banks and thrown at a deep recession. Never have governments pledged to borrow so much as they … Continue reading “Debts, deficits and stimulus”

Looking back at the markets through September

A selection of articles looking back through the markets last month. Global Market Review Rising infection levels knock sentiment Share prices generally fell during September amid concerns over rising infection levels and their potential impact on economic activity. Investors’ worries were compounded by doubts over Brexit negotiations, continuing friction between the US and China over … Continue reading “Looking back at the markets through September”

Looking back at the markets through August

A selection of articles looking back through the markets last month. Global Market Review   Share price rises defy an uncertain outlook Global share prices generally rose during August as investors took heart from ongoing fiscal and monetary support alongside some encouraging economic data. Nevertheless, the global economic outlook remains “highly uncertain”, according to the World … Continue reading “Looking back at the markets through August”

Looking back at the markets through July

A selection of articles looking back through the markets last month. Global Market Review  The other “R” number … Recession Early in July, investors were buoyed by news of progress in the development of coronavirus vaccines. However, as the month continued, optimism was tempered by a surge in infection rates in countries including the US, … Continue reading “Looking back at the markets through July”

Looking back at the markets through May

A selection of articles looking back through the markets last month. Global Market Review Pandemic continued to dominate markets The rebound in equity markets extended into May. The impact of the COVID-19 pandemic continued to dominate markets, with an increasing focus on how countries would begin to relax their lockdown measures and how this would … Continue reading “Looking back at the markets through May”