market-commentary

MARKET COMMENTARY

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We Just Don’t Trust It

Oct 10, 2022

5:36 am

• Equities closed higher on the week despite evidence pointing to challenging times ahead • The Fed is unlikely to ease up – why should it really? • The dollar’s rise presents a serious headwind to US corporate profit forecasts • Japan opens to foreign tourists adding to the slew of better news of late…

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Investment Strategy

Oct 8, 2022

7:28 am

• Global economy continues to weaken with the punishing dollar strength intensifying the pain • The Bank of England’s QE intervention to bail pension funds underscores that emanating risks that may force central bankers’ hand/s. • Global equity capitulation may extend as corporate earnings weaken • Strong GST and PMI numbers continue to validate India’s…

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A Furrowed Brow and an Eagle Eye

Oct 3, 2022

1:11 pm

• Tough times still ahead as the tightening causes trouble in places you might not of expected • In terms of news flow and market action it feels like Q1 2008 • We are also mindful that asset prices have adjusted already, some more and others • We have an eye on those assets that…

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The Great Reckoning

Sep 26, 2022

10:32 am

• Central bank meetings highlight their determination to raise rates substantially to control inflation risk • Bond market repricing to catch up with central bank aggressiveness • Equities have still to price the recession risk and the likely persistence of higher interest rates • Worst case scenario – S&P500 plunging 25% from here Gone is…

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