Thought Series

Global equities rallied in Q3 buoyed by central bank rate cuts and easing inflationary pressures. Key drivers were interest rate reductions by key central banks including the US Federal Reserve and the European Central Bank, stronger-than-anticipated US economic indicators and government stimulus in China.

Global equities remained strong in the second quarter of 2024 driven by the enthusiasm around AI, strong earnings and upward analyst revisions.

Global equities posted strong gains in the first quarter of 2024, bolstered by the resilience of the US economy and continued excitement surrounding Artificial Intelligence

2023 was marked by significant geopolitical tensions – 2 major conflicts with their ripple effect on global supply chains and security.

After gains in the first half of 2023, the third quarter saw both equities and bonds posting a negative return.

A quarter which started with US debt ceiling concerns has witnessed the US Congress approve legislation that..

Starting with the US: The Fed’s double‐edged sword (Interest rate) Over the past year, the Fed has raised the benchmark rate 9