April Market Commentary

Introduction To say that March was a busy month is an understatement.  Russia went to the polls to elect a new President and, in the least surprising result of the year, Vladimir Putin won another six year term. With the Chinese Communist Party removing the rules limiting Xi Jinping to two terms in office, two…

Continue Reading

February Market Commentary

The first month of 2018 was a good one for the major stock markets with, in some cases, spectacular gains that many investors would regard as more than adequate for a full year. But sitting alone on the naughty step was the UK: as we shall see below there was plenty of good news for…

Continue Reading

December Market Commentary

November was a relatively disappointing month for world stock markets, with the majority of the markets we cover in this commentary losing ground in the month: however, the largest fall was just 3% so there were no real disasters. Pride of place went to the Dow Jones index in the US, which was up by…

Continue Reading

October Market Commentary

Well, we’re still here. Despite the seemingly best efforts of the leaders of the United States and North Korea – the world is still turning. But September was a month of ‘another day, another North Korean rocket flying over Japan’ and it ended with Kim Jong-un threatening to explode a nuclear bomb over the Pacific.…

Continue Reading

Market Commentary for October

The first week of October saw the world’s major stock bounce back a little from their recent lows, with Germany and China leading the way with gains of 12% and 11% respectively. However, this upward momentum was short-lived. The worries about the slowdown in China continue, coupled with a dramatic downturn in US economic activity.  
The International Monetary Fund downgraded its forecast for global economic growth for this year from a predicted 3.3% in July to 3.1%.  The 2016 forecast also fell from 3.8% to 3.6% highlighting concerns about future stability. 

Continue Reading