In the current quarterly update, we delve into the following topics: As the global struggle against inflation intensifies, resulting in elevated interest rates, the economic panorama has grown notably intricate. Many regions are encountering a deceleration in growth, with some even experiencing slight contractions.
However, the market has already integrated the prospect of reduced growth into security prices, owing to the substantial cues from central banks and the subsequent market expectations. Despite the more stringent economic environment, global stock markets have maintained positive returns.
In this update, we explore the drivers behind the recent quarterly returns and provide insights into the prevailing enthusiasm surrounding artificial intelligence. Furthermore, we offer a contextual grasp of how economic recessions can impact investment returns.
Our featured article concentrates on the escalating threat of financial scams, underscoring the imperative nature of staying watchful against such fraudulent undertakings. We also emphasize a few practices related to information hygiene that can fortify our wealth against malicious actors.
Looking forward, we are witnessing a gradual alleviation of inflationary pressures, both domestically and internationally. As this trend gains momentum, we can anticipate more accommodative policies from central banks, designed to bolster growth and support the economy in 2024 and the subsequent years.
To download the pdf version of our newsletter please click on this link 2023.Q2 Economic Commentary – Lyford2.
Anticipate our Spring newsletter, scheduled for release in mid-September 2023.