Market and Economic Summary Global markets continued on an upward trend this month, driven by economic data that exceeded expectations. Market participants shifted from recessionary projections to a cautiously optimistic outlook, anticipating a “soft...
What Happened? Silicon Valley Bank (SVB), one of the 20 largest banks in the U.S. in terms of assets, has collapsed. It was the second largest bank failure in U.S. history and had international operations that were also impacted. As well, another (slightly) smaller...
Look across the valley. What do we have to look forward to beyond current performance. By Victoria Reuvers, Managing Director, Morningstar Investment Management South Africa Just as we thought Covid-19 was behind us, 2022 bombarded us with an array of new curve balls....
Market and Economic summary Global markets continued their downward trend and ended the month significantly lower, capping off a volatile and particularly weak quarter. Global markets continued to face multiple headwinds in September; including elevated inflation...
AUGUST 2022 Market and economic summary Global markets experienced a volatile August and ended the month lower. Investors turned their focus to the hawkish comments received from the US Federal Reserve’s Jerome Powell at the Jackson Hole Economic Symposium. Concerns...