Month: October 2022

Creating Financial Wealth for clients through Investments, Pensions and Property

Weekly Update – 31 October 2022

Markets last week Despite headline news moving risk appetite in different directions, equities eked out a fourth weekly gain.  Earnings disappointment started early during the week but picked up steam on Thursday and Friday with US tech companies missing estimates, cutting future guidance and in particular social media collapsing. Manufacturing and services surveys clearly showed…
Read more


31/10/2022 0

Weekly Update – 17 October 2022

Markets last week Markets were in thrall to inflation data and central bank action last week, with political developments in the UK throwing some spice on an already volatile backdrop.   US consumer prices spooked investors, particularly with an increase in core inflation. This number abruptly halted a risk rally in both bonds and equities. Simultaneously, however, the…
Read more


17/10/2022 0

Weekly Update – 10 October 2022

Markets last week Equities soared on Monday and Tuesday before having second thoughts again later in the week. There were a couple of triggers for the surge coming from US data. On Monday, we saw the ISM (Institute for Supply Management) manufacturing PMI falling from 52.8 to 50.9 with the employment component slumping from 54.2 to 48.7.…
Read more


10/10/2022 0

Weekly Update – 3 October 2022

Markets last week This was the week when markets reacted fully to the UK mini-budget and when the Bank of England (BoE) stepped in to stop potentially negative financial consequences. The Financial Policy Committee (FPC) of the BoE (which deals with financial stability issues), rather than the Monetary Policy Committee (which sets interest rates) started a programme of…
Read more


03/10/2022 0