A better year ahead for stocks?

Markets endured another volatile week as banks lurched from one crisis to another. Investors sought refuge in tradition safe-haven assets, government bonds and precious metals, before appetite for risk recovered. The blue-chip S&P 500 index ended up 2.5%

It is a little over a year since the Fed (rather belatedly) introduced its first interest rate hike of this cycle. At the time, consensus expectations were for the Fed Funds rate today to be under 2%. We

The sudden collapse of Silicon Valley Bank caused investors to flee risk assets and seek shelter from the storm in safe haven government bonds last week. The blue-chip S&P 500 and technology focussed Nasdaq indices fell 4.8% and

In the wake of recent events, sell side forecasters have been scrambling to (re)adjust their view on the USFederal Reserve’s likely course of policy action. From a state of almost universal agreement a week ago, the potential range

Not negative, but potentially a significant upside surprise from China, following tentative signs that thecountry is moving towards a full economic reopening. We alluded to this scenario in our 2023 Outlook. This weeks’ data dump included: • The

Global stocks ended a three-week losing streak as a light economic data calendar enabled investors to pay more attention to company news. The blue-chip S&P 500 and technology focussed Nasdaq indices gained 1.7% and 1.8% respectively. Salesforce was

To recap, the debt limit, often referred to as the ‘debt ceiling’ (a term we are going to be hearing a lot more of in the coming months), is the maximum amount of debt that the Department of

Market sentiment remains fragile. Hot inflation prints in Europe and robust economic data readings (notably the US and China) have triggered a swift reassessment of interest rate expectations. The result has been a sharp sell-off in just about

Dovish central banks set stocks on course for their best week of the year before a blockbuster US jobs report on Friday took some of the steam out of the rally. The blue-chip S&P 500 and technology focussed