Market In Review – 04/2022
The stock market sell off has been an aggressive start to the year, with major indices down 9%, and worse in the tech market, with the NASDAQ down 15% from all-time highs set in November 2021. Whilst at this stage it is only a correction (a move of 10%) and not yet officially a bear market (that line is 20%), the media is taking it with some surprise – and panic. To those who watch the markets it is no surprise at all.
Market In Review – 46/2021
Several talking heads from Central Banks could give us some volatility this week. And there is a number of key data points to focus on as inflation continue to heats up. For some, wage growth is not going with inflation – which is concerning for those in the lower end of economic income. USA is getting wage growth as well as hot inflation, so the market has now priced in a full 1% rate rise by July 2022 and a further 1.5% by this time next year, with Dec 2022 futures at 2.53%.
Market In Review – 45/2021
The global economy is showing signs of sustained strength and growth with many of the G20 on the brink or already reducing quantitative easing. We are now at the start of the uptrend of rate rises. New Zealand is the leader in this regard, with no QE they already have moved rates up 0.25% to 0.5% and will most likely move again this month – just a matter of how big the move will be.
