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Market Commentary September 2023

Market Commentary September 2023

Markets continued to be highly volatile as participants were highly sensitive to both good and bad news. This leads to both markets and investor emotions going through a roller coaster...
Market Commentary August 2023

Market Commentary August 2023

The market rally broadened in July, in line with patterns from history which show that narrow market gains do not last for long. Strong gains in our recovery positions have...
Market Commentary July 2023

Market Commentary July 2023

In June, global equities experienced a notable increase of 5.84%, whereas global bonds remained relatively stable at minus 0.01%. The S&P 500 and Nasdaq took the spotlight as mega-cap tech...
Market Commentary June 2023

Market Commentary June 2023

Unless one was living on a remote island with no internet, the biggest thing last month was the US debt ceiling debate.
Market Commentary May 2023

Market Commentary May 2023

Concerns from March continued into April, with First Republic Bank surpassing Silicon Valley Bank as the second-largest bank failure in the United States. While these failures shocked many, they are...
Market Commentary April 2023

Market Commentary April 2023

March was notable for particularly bad news. Concerns about financial institutions came to the fore with the sudden failure of Silicon Valley Bank and Credit Suisse. As the drama unfolded,...