Interest rates are unlikely to rise this year in any world economy. (Brazil has its own agenda…) Governments are determined to try to stimulate growth in an environment of slow growth and a threat of deflation. This should nudge equities higher. Full-blown QE in Europe and Japan should especially help European and Japanese equities, and even highly priced US equities should advance during a continued period of low interest rates in the US. Gold could move higher if Greece imposes capital controls and / or the US dollar stays in check.
DOWNLOAD FULL REPORT (PDF)Previous Market Bulletins
September 28, 2023
For the second time in two years, discussion of global investment markets and investment strategy…
January 5, 2023
The turn of the year is a turn of the page for most. A turn…
January 5, 2023
November 17th won’t go down in anyone’s diary as a date to remember unless they’re…
January 5, 2023
There was a sharp rebound in stocks last month, as US corporate earnings announcements in…
October 10, 2022
UK Prime Minister Liz Truss had barely moved into Downing Street before her new Chancellor’s…
October 10, 2022
More pain to come for equity investors – at least in the short term. While…
October 10, 2022
After a first half-year which was the worst for equity markets in the US since…
September 1, 2022
With the US Nasdaq technology index having fallen 28% from its high on January 4th,…
September 28, 2023
For the second time in two years, discussion of global investment markets and investment strategy…
January 5, 2023
The turn of the year is a turn of the page for most. A turn…
January 5, 2023
November 17th won’t go down in anyone’s diary as a date to remember unless they’re…
January 5, 2023
There was a sharp rebound in stocks last month, as US corporate earnings announcements in…
October 10, 2022
UK Prime Minister Liz Truss had barely moved into Downing Street before her new Chancellor’s…
October 10, 2022
More pain to come for equity investors – at least in the short term. While…
October 10, 2022
After a first half-year which was the worst for equity markets in the US since…
September 1, 2022
With the US Nasdaq technology index having fallen 28% from its high on January 4th,…
