Weekly Market Update

Andrew Hunt’s Australian Visit Wrap Up

March 22, 2024

Following a week filled with insightful discussions, Jonathan Ramsay, Jonathan Tolub, and visiting UK economist Andrew Hunt sit down to highlight the critical economic indicators everyone should monitor.

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They dive into the "knife edge" of the U.S. economy, currently perched precariously between inflation and deflation. They underline the critical role of fiscal stimulus, central bank actions, and forthcoming economic data in determining the direction of the economy.

They note global parallels in issues like housing affordability. They dig into how productivity improvements (potentially aided by AI) and how allowing real wages to rise could help restore economic equilibrium. However, hoping for a productivity miracle is unwise.

The conversation shifts to strategies for navigating inflation versus deflation scenarios. They discuss the advantage of active stock-picking over broad indexing due to expected differential impacts across sectors and companies. Lastly, they examine the less regulated private debt markets as an area warranting further research to identify risks and opportunities.

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Weekly Market Update

Global Equities Up on Hopes of Economic Stimulus

January 30, 2025

Last week saw a notable upswing in global equities, driven by optimism over a potential economic stimulus in China and dubious results in corporate earnings.

Weekly Market Update

Markets Retreat on Fading Rate Cut Hopes Before Late Rally

January 30, 2025

Risk assets broadly declined last week as economic data showed resilience and central banks pushed back against aggressive market pricing for rate cuts, puncturing investor hopes.

Weekly Market Update

Markets Shrug Off Surprise Upside in US Inflation

January 30, 2025

Despite a higher-than-expected rise in US CPI for December 2022, markets remained relatively sanguine over the implications for growth and monetary policy.

Weekly Market Update

Rocking the Boat - Equities Stumble After Big Tech Selloff

January 30, 2025

After outsized gains in big tech stocks last year, global equities have stumbled over the past week amidst a tech selloff, challenging the notion of their invulnerability and potentially signaling a shift in market optimism tied to recent liquidity trends.

Weekly Market Update

Recap of 2023: Two Stories With The Same Ending

January 30, 2025

This week started with more optimism about the US economy and further stock market gains until a sharp pullback on Wednesday snapped the US market’s nine-session winning streak. Thursday then saw a recovery, putting the S&P 500 back on track for an eighth week of gains, after US inflation data showed a gradual economic cooling in line with Fed hopes.

Weekly Market Update

Santa (Powell) Has Come Early For Markets

January 30, 2025

The last week in markets, as is often the case, was totally dominated by the US economy and monetary policy. In this case it was an encouraging inflation print on Wednesday, followed by the US Fed’s decision to keep rates on hold the next day.