As we step into a new year, we take this opportunity to share the first part of our special two-part edition on market perspectives. This edition highlights Wall Street’s outlook for 2025, offering an overview of key trends and insights shaping market sentiment. Later this month, we will follow up with the second half, where […]
US stock indices paused this week as markets focused their attention towards the Fed’s year-end meeting. The week saw important data releases in CPI, PPI and jobless claims. Specific stocks like Broadcom, Adobe & Tesla saw sizeable movement. Oil prices rose amid potential US sanctions on Russian oil and hopes for stronger energy demand.
A tech rally boosted major US indices to new highs in a week that was dominated by political news. The November jobs data was not too distant from expectations, reinforcing investor optimism that the Federal Reserve will cut interest rates in December. Oil prices fell amid concerns over weak demand. Indian and Japanese stocks saw […]
US stocks continue to deliver very strong performance, recently buoyed by data indicating a strong economy as well as optimism around initiatives announced by the incoming administration in the US. Sentiment is strongly and almost unanimously bullish. We take a somewhat more nuanced view and advise investors to remain diversified and focused on quality.
US stocks initially surged following Trump’s election victory, but have since retreated, giving up most of those gains. The market’s optimism about pro-business policies has been tempered by concerns over potential inflationary effects and slower-than-expected interest rate cuts. Federal Reserve Chair Jerome Powell’s comments suggesting a cautious approach to rate reductions, coupled with strong retail […]
U.S. stock markets experienced their best week in a year, with the S&P 500 touching 6,000 following a Republican sweep in the elections which also caused reverberations in capital markets across the globe. The Fed continued its easing cycle. On the other side of the world, Beijing announced their much-awaited fiscal spending plan to revive […]
US October jobs data came in well below expectations, but analysts attributed the slowdown to one-off events. Market remains convinced about a 25 bp cut by the FOMC on November 7th, while concerns about higher inflation and debt pushed 10y US Treasury yields higher. September corporate earnings were generally positive, but market reaction was mixed […]
US stock markets took a breather after a 6-week ascent, shifting focus on to the upcoming election and its potential impact on the economy. In China, a slew of stimulus measures by the authorities is giving rise to cautious optimism, but challenges remain.
Dear Mr. Investor, US stocks continued to hit new all-time highs, with the S&P 500 closing above 5,800 for the first time. Consumer prices for September came in hotter than expected, and the market is now pricing in an 89% probability of a 25 basis point reduction in November. In corporate news, Tesla’s stock fell over […]
In September, US nonfarm payrolls surged by 254,000, exceeding expectations, while the unemployment rate fell to 4.1%, leading to expectations of a more gradual cut in interest rates by the Fed. Meanwhile, geopolitical tensions spiked as Iran launched missile attacks on Israel, heightening fears of a broader Middle East conflict. Global markets, including European, Indian, […]
