Keeping you up to date

September began much like August did, with global stock markets selling off on concerns about the strength of the US economy and with profit taking in the big technology stocks. We’ve gone into a bit more detail than usual on these themes this week (given the scale of the moves) and would expect them to […]

GGlobal stock markets rose last week, which helped them to record gains of c0.5% for the month of August. This is quite an impressive result given that August started off with a bang: Japanese stocks suffered their biggest 3 day fall since records began and the VIX index (commonly referred to as the “fear gauge”) […]

Global stock markets found momentum last week and extended gains, most notably in Japan. Encouraging data out of the US, including further Q2 earnings releases, helped soothe fears of a US recession, while data out of the UK showed that the economy grew well in Q2. As we turn our attention to the week ahead, […]

Global stock markets rose modestly last week despite a vicious sell-off to get the week started. Better data out of the US combined with soothing words from the Bank of Japan helped rescue the sell-off, with Thursday seeing the best day for US stocks since November 2022. Although markets are calmer, we expect choppiness to […]

The last 2 days have seen global stock markets fall by about 5%, with yesterday being their worst day since September 2022. In this note, we unpack: What’s driven the market sell-off? What we’ve been doing within the Magnus Portfolios Why staying invested and not panicking, in our view remains the right approach for most […]

Global stock markets fell back last week, and that trend has continued this morning. Concerns about US economic data weighed on sentiment and dragged markets lower on Thursday and Friday last week, despite some decent corporate earnings being reported. Bond futures markets have quickly moved to price in 5 interest rate cuts this year in […]

Weekly Round-Up, 29th July 2024   Global equities recorded mixed returns for the second consecutive week, with small-cap and value shares continuing to outpace the large-cap growth stocks that have led the market over much of the year. It was a tough week for US markets, with the S&P 500 Index selling off on Wednesday […]

Global stock lost ground last week, with the US market losing ground and posting its worst week since April. On the face of it, last week was a soggy week for stocks after a strong recent run which has seen them rise by c9% since mid-April. However, beneath the surface there was a big rotation, […]

Watch Watch Rory McPherson, Chief Investment Officer at Magnus, provide insights on economic growth in the U.K. and the FTSE 100 during his appearance on CNBC’s Squawk Box on July 11, 2024.