Please find below our Investment Market Update as at 9th June 2023.
The equity markets got a bit excited last week with the performance of Artificial Intelligence (AI) hitting the headlines and positive thoughts pervading over a possible pause in interest rates. Until this week that is!
Here is the short agenda for this week’s update:
- Stocks get excited
- Blue Sky’s approach
- Australia and Canada spoil the party!
- Eurozone has been in a recession
- Good news for EU interest rates?
- Only Turkey and Argentina to have higher inflation
- Big lessons to be learnt
Stocks get excited
It could be argued that investors ‘fear missing out’, as net purchases of US stocks hit its highest daily levels in three months according to data as investors jump on the momentum of AI stocks.
Continues….
Want to continue reading?
Our CEO, Gary Neild, writes an engaging Market Commentaries every week. If you would like to receive the full version straight to your inbox every Friday, please join our communications list.
Risk warning
Please Note: This communication should not be read as giving specific advice regarding your personal circumstances. This would only be given following detailed assessment of your individual needs. The value of investments may fall as well as rise; you may get back less than invested. Past performance is not necessarily a guide to future returns.
