The month of August 2024 brought both volatility and opportunities for diversified investors. Global equities faced turbulence early in the month due to disappointing US economic data…
Read More
Earnings season in the US saw mixed reactions. Four of the ‘magnificent seven’ tech giants reported results, but broadly, investors appeared underwhelmed…
The second quarter of 2024 built on the successes of the first, with risk assets delivering another set of positive returns to investors. Economic momentum carried over from the first quarter….
May proved to be a month of positive returns across most asset classes, but with some noteworthy regional variations and underlying economic considerations.
April emphasized the ongoing concern regarding persistent inflation, which poses a significant threat capable of disrupting the surge in risk assets, a challenge for both equity and fixed income markets.
The quarter was particularly favorable for developed market stocks, especially growth-oriented ones, which saw a 10.3% return (USD). The US stood out with the S&P 500 climbing 10.6%…
Bulls keep running. February proved to be a relatively positive month for stock markets, buoyed by robust economic indicators and impressive earnings declarations, which collectively contributed to the advancement seen since the beginning of the year.
South African stocks underperformed their emerging market counterparts in February, declining by 2.4%. This weakness stemmed primarily from the resource sector, which was hit by falling commodity prices, especially in energy and platinum. Domestically focused companies in the industrial and financial sectors also faltered…
The S&P 500 index, with its growth-oriented composition, outperformed other major equity indices by delivering an 11.7% total return, its best in three years. This performance was particularly notable as it encompassed a wider range of sectors, breaking away from the earlier concentration on tech and AI stocks.
Stock markets experienced a third consecutive month of decline, as the Dow Jones Industrial Average dropped by 1.3% (USD), the S&P 500 slipped 2.1% (USD), and the NASDAQ lost 2.8% (USD) for the month…
