Economic Commentary
Economic Commentary: Spring 2025
Global share markets continued to march higher during the third quarter of the year, contributing to strong returns for most diversified investors.
Economic Commentary
Economic Commentary
2025 Q3 – Key Market Movements
The third quarter of 2025 delivered exceptional returns across the board, with progress on US trade deals, ongoing strength in the technology sector and accommodative monetary policy being the key factors driving risk-on sentiment around the world.
Economic Commentary
2025 Q2 – Key Market Movements
The second quarter of 2025 started with elevated volatility due to the Trump administration’s ‘Liberation Day’ tariff announcements. However, global shares ultimately delivered significant gains as the markets perceived that the strong rhetoric on Liberation Day might not be matched by the eventual (delayed) tariff implementation.
Economic Commentary
Economic Commentary: Winter 2025
Several global share markets reached new all-time highs in the recent quarter.
That may seem surprising, given the tenor of the daily headlines, which often focus on the most uncertain or worrying events. The recent quarter was again dominated by headlines featuring conflict in Ukraine and the Middle East, mass deportations in the US, tariff-driven trade upheaval, and ongoing cost of living issues.
Economic Commentary
The Rainey Review – June 2025
In the latest episode of The Rainey Review, Scott Rainey provides an update for the second quarter of 2025.
Economic Commentary
The Rainey Review – March 2025
In the latest episode of The Rainey Review, Scott Rainey provides an update for the first quarter of 2025. He
Economic Commentary
2025 Q1: Key Market Movements
Key market movements for the quarter The first quarter of 2025 saw a change in market leadership, with the US
Economic Commentary
Economic Commentary Autumn 2025
Fresh off the back of an excellent year in 2024, the first three months of 2025 ushered in a more
Economic Commentary
2024 Q4: Key Market Movements
The underlying performance of global shares was mixed during the October to December quarter. Overall, markets advanced thanks to gains
Economic Commentary
Economic Commentary Summer 2024/2025
After finishing the year with another generally positive quarter for diversified investment portfolios, 2024 is set to be remembered fondly
Economic Commentary
2024 Q3: Key Market Movements
Performance was generally positive across all asset classes through the third quarter of 2024, although all markets were certainly not
Economic Commentary
Economic Commentary Spring 2024
Markets continued to deliver pleasing investment results in the third quarter of 2024. With the daily news out of the
Economic Commentary
2024 Q2: Key Market Movements
International share markets gained overall in the second quarter of 2024, although individual country returns were mixed. Politics was a
Economic Commentary
Economic Commentary Winter 2024
Positive global share market momentum carried into the second quarter of 2024 for the USA, although share market returns in
Economic Commentary
2024 Q1: Key Market Movements
International share markets registered further strong gains in the first three months of 2024. A resilient US economy and ongoing
Economic Commentary
Economic Commentary Autumn 2024
Diversified investors had more reasons to smile as the markets began this year exactly as they left off last year
Economic Commentary
Economic Commentary Summer 2023/2024
It was most appropriate that the fourth quarter of 2023 included Christmas, as it was indeed a quarter of many
Economic Commentary
2023 Q4: Key Market Movements
International share markets rebounded with a strong rally over the final three months of the year. US inflation and economic
Economic Commentary
2023 Q3: Key market movements
Q3: 30 September 2023 After a generally good performance over the first half of 2023, international share markets gave up
Economic Commentary
Economic Commentary Spring 2023
In some welcome news, the world economy is showing signs of resilience this year despite lingering inflation and a sluggish
Economic Commentary
2023 Q2: Key Market Movements
Q2: 30 June 2023 Central banks maintained their laser-like focus on combatting inflation by raising interest rates globally during the
Economic Commentary
Economic Commentary Winter 2023
As the grey clouds gather for winter, it’s pleasing to report that the sun still shines on portfolios. Global share
Economic Commentary
When headlines worry you, bank on investment principles
On Friday, March 10 2023, regulators took control of Silicon Valley Bank as a run on the bank unfolded. Two
Economic Commentary
Q1 2023: Key Market Movements
Q1: 31 March 2023 Global share markets delivered further positive results in the first quarter, buoyed by a reduction in
Economic Commentary
Economic Commentary Summer 2023
Q1 31 March 2023 Following an upbeat end to 2022, investment markets continued to deliver generally positive returns over the
Economic Commentary
Economic Commentary Winter 2022
The global economy has been hit with multiple challenges in 2022. Amidst sharply increasing inflation, tight labour markets, rapidly rising
Economic Commentary
Economic Commentary Autumn 2022
22 April 2022 Headlines continue to be dominated by the horrific war in Ukraine and the terrible humanitarian crisis unfolding.
Economic Commentary
Volatility: Why investors shouldn’t panic
3 March 2022 Investors that have closely monitored their portfolios over the last few months have seen them yo-yo dramatically