Monthly Market Insights – July 2021

Aug 12, 2021

Investors look past COVID concerns

Markets continued to rally in July despite many countries experiencing a renewed wave of COVID-19, especially with a rise in Delta variant cases. Investors remained upbeat despite coronavirus concerns, looking past rising case counts and continuing to anticipate economic reopening, as hospitalizations have not followed the same trend relative to case counts as have been reported in previous waves. The focus remains on central banks and markets attempting to pre-empt monetary policy changes. Bonds gained in July as longer-term yields fell, even as inflation readings gained in June. U.S. Federal Reserve’s acknowledgement of economic progress hints that the central bank is moving closer toward tightening. However, when considering the Fed’s dual mandate of maximum employment and price stability, lagging employment recovery is expected to keep the federal funds rate low for now.

Read more…

 

Recent Posts

NEI Monthly Market Insights: January 2024

Markets staged a remarkable November rally Following the “almost everything rally” that characterised the final few months of 2023, performance across asset classes was mixed in January. In the U.S., the S&P 500 Index was propelled to record highs as optimism...

Aviso Weekly Market Monitor: February 12th – February 16th

Market developments Equities: This week, the S&P 500 experienced a slight decline, closing at 5,005.57, a drop of 0.42%. Despite a run-up to the CPI report, equity markets showed restraint, with the S&P 500 wavering around the 5,000 level amidst mixed signals...

Aviso Weekly Market Monitor: February 5th – February 9th

Market developments Equities: The S&P 500 reached a record high, heading towards its fifth consecutive week of gains, driven by optimism around a soft landing and excitement over artificial intelligence. Technology stocks led the surge, with the Nasdaq 100 rising...

Active vs. Passive Investing: Which strategy is right for you?

Investing can be confusing, especially when it comes to choosing the right strategy. Many investors fall into two categories: active and passive. But what do those terms actually mean? Active investing aims to outperform the market and beat the competition by making...

Aviso Weekly Market Monitor: January 29th – February 2nd

Market developments Equities: The stock market extended gains, reaching all-time highs with the S&P 500 above 4,950 and the Nasdaq up 1.5%. Positive outlooks from Meta Platforms Inc. and Amazon.com Inc. contributed to the rally. Economic optimism overshadowed...

Aviso Weekly Market Monitor: January 22nd – January 26th

Market developments Equities: The S&P 500 notched a third consecutive weekly gain despite a slowdown in momentum. Traders are closely watching the upcoming labour market figures, with economists forecasting a rise in U.S. payrolls for January. Additionally,...