May 1 2023 | A possible U.S. debt default looks like it’s now been pushed back to possibly July 2023. Why It Matters: Expect debt ceiling negotiations to dominate the financial headlines, potentially leading to increased market volatility in the coming months. Source: thedailyshot, Gavekal
...May 1 2023 | U.S. Gross Domestic Product came in lower than anticipated and investment is showing signs of slowing down. Why it matters: The impact of higher interest rates on investments cannot be ignored, and the Fed’s projected +0.25% interest rate rise next week will only add more fuel to the fire. Source: Gavekal
...May 1 2023 | The shares of First Republic Bank are under pressure this week.Why It Matters: Despite being out of the headlines, the collapse of Silicon Valley Bank is still being felt, with wider implications for investors. It’s important to monitor the situation. Source: thedailyshot
...May 1 2023 | Only 32% of stocks are outperforming broader markets, a level not seen since the 1990s. Why it Matters: Narrow market breadth can lead to increased volatility, making it harder for investors to diversify risk, and this potentially amplifies market swings. Source: thedailyshot
...April 24 2023| Slowly returning to normality… Bonds behave like bonds & stocks like stocks.Why It Matters: In 2022, the bond-stock relationship broke down, both moved in the same direction. Now it’s better, bonds help buffer equity market swings.Source: MorganStanley
...April 24 2023| Despite luxury brands creating enhanced production, the real driver is the Chinese consumer’s resurgence. Why It Matters: A revived Chinese consumer base can greatly influence the global economy, boosting growth and trade. Source: thedailyshot
...