Trade shocks and market swings: Hold your ground
Recent political developments in the United States have triggered fresh volatility across global markets. On 3 April, the S&P 500 recorded a sharp one-day drop of 4.84 percent, as markets reacted swiftly to news of the US administration’s return to Trump-era tariffs. This turbulence serves as a timely reminder: while markets can shift rapidly and […]
Tariff Tensions: Why staying invested beats market panic
Global markets have entered a new era of uncertainty with the US government imposing new tariffs on steel, aluminium, and other imports, sparking concerns about global trade disruptions. President Donald Trump’s administration has introduced 25% tariffs on steel and aluminium imports, targeting Canada, Brazil, Mexico, and South Korea. In response, Canada has retaliated with its […]
Market Review – April 2024
US stocks got off to a weak start in the second quarter and posted losses of 2.6% and 2.4% on the S&P500 and Nasdaq composite indexes, with Meta’s earnings sending the magnificent seven constituent tumbling on weaker than anticipated revenue guidance. The Stoxx Europe 600 index missed the mark and recorded losses of 0.05% while […]
Market Review – March 2024
The first quarter of 2024 has seen the global equity markets deliver their best opening quarter performance in 5 years (Steer, Clarfelt, Duguid, & Stacey, 2024), with the MSCI World index ending the quarter up 8.85%, turbocharged by the booming interest in artificial intelligence that has seen US equity indexes reach new all-time highs. This quarter […]