Balancing acts
It was a flat week for global stock values, but with a fair amount of dispersion. US returns were once again weighed down by tech, but the UK and Europe are up over 1% at the time of writing. The overall sluggish...
Late Summer heatwave
Global stocks continued their climb higher until the latter part of this week. The rise up until Wednesday had shown remarkably steady gains in daily terms. When you put that together with gains over the last few weeks, equity returns have been...
Tornado rather than hurricane
After stocks sank in early August, we warned that volatility could ripple on, and the market storm turn into a full-blown hurricane. But this week saw a remarkable dying-down of the volatility, like a whirlwind that passes in an hour: stock markets...
Market correction turns into pothole
Our sign-off last week was supposed to be cautiously optimistic – predicting a bumpy ride to a decent destination in markets – but friends told us it read a little negatively. Cue the worst daily loss for the S&P 500 in nearly...
Central bank week
It’s been another nervy week for investors. Month-end positioning may have had a part to play in creating ups and downs, but most markets were more focused on interest rate decisions. The Bank of England (BoE) cut, the Bank of Japan (BoJ)...