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Market Update – 23rd June 2020.
23rd June 2020
Although the FTSE-100 ended yesterday (Monday 22 June 2020) lower due to concerns that the coronavirus infection rates are still rising (especially in the US), interestingly US markets weren’t particularly concerned and ended the day higher as economic data continues to point to a ‘V-shaped’ economic recovery.
Market Update – 19th June 2020.
19th June 2020
While yesterday afternoon’s US jobless data showed an improvement on the prior week, it was nevertheless disappointing – although as we highlighted last Friday, there’s a lot of confusion and distortions in the data right now.
Market Update – 18th June 2020.
18th June 2020
Data from the US yesterday (Wednesday 17 June 2020) showed that Americans were looking at renovating or moving to a bigger, better home as mortgage applications rose to their highest level since 2009.
Market Update – 17th June 2020.
17th June 2020
If you ever needed proof that time in the market is more important than trying to time the market, we have had it over the past couple of days!
Market Update – 16th June 2020.
16th June 2020
Last week’s equity market weakness continued yesterday, as the growing fear of a second wave of coronavirus infections was compounded by Larry Kudlow (an economic adviser to Donald Trump)
Market Update – 12th June 2020.
12th June 2020
Yesterday, global equity markets fell heavily, with the FTSE-100 down 252 points - just shy of a 4% loss. On Wall Street, the Dow Jones lost over 1,800 points, or nearly 7%, while the broader S&P 500 index ended the day almost 6% lower.