Global growth tailwinds
Rarely do non-US stories dominate global capital markets as much as this week. China announced a double shot of economic stimulus that surprised most – and Chinese stocks surged in response. European equities, particularly luxury goods brands, also jumped, in a hopeful...
Central bank Pivot 2.0
Central banks dominated the narrative this week. The US Federal Reserve’s (Fed) 50 basis point cut to interest rates was by far the biggest market news, surprising some who expected a smaller move. Investors took the news well, with the S&P 500...
Market fears fading
Capital markets picked themselves up this week. Global stocks are up, recovering well from a tough start to September. At the time of writing, not all of last week’s losses have been recovered, but markets seem to breathe a sigh of relief....
Nervous markets ahead of second pivot
Capital markets have started September rather despondently. It feels similar to (though not nearly as bad as) the sell-off that started in August, after which stock values quickly recovered. There were risks and headwinds back then, but nothing that significantly dampened the...