Opinion – Wednesday 5 July 2023

At last week’s Central Bank Summit, Fed Chair Powell said that while rates are in restrictive territory now, the downside risk of doing too little (not raising rates or keeping them high) is still greater than doing too much (raising rates to a level that is...

Opinion – Tuesday 4 July 2023

Despite markets only open for a half-day, Equity Markets continued to make new highs for 2023 with all three American Indexes closing higher. The NDX led the gains closing higher by 0.19%. As we approach the pinnacle of summer, as well as the Fourth of July holiday,...

Opinion – Monday 3 July 2023

U.S Equity Markets closed higher across the board on Friday. The NASDAQ 100 led gains helped by Apple (AAPL) making history, becoming the first company ever to reach a market value of $3 trillion. The tech giant’s stock closed 1% higher, pushing Apple’s...

Opinion – Friday 30 June 2023

The Bank Index outperformed yesterday following the latest successful stress tests of the banks by the Federal Reserve. The Dow led the gains closing higher by 0.80% as the market finished above 34,100. Equity Markets are still trying to digest Wednesday’s joint...

Opinion – Thursday 29 June 2023

U.S Equity Markets closed flat on Wednesday following a boring session. While the Dow closed lower, the NASDAQ 100 ended the session with a small 0.12% gain. After the close the Federal Reserve reported that U.S. Banks had passed the latest stress tests with capital...

Opinion – Wednesday 28 June 2023

U.S. Equity Markets reversed all of Monday’s losses, closing higher across the board as the Month and Quarter End Mark-up gathered pace. The NASDAQ 100 led Tuesday’s gains, closing higher by 1.75%. The VIX closed lower by 3.58% at a price of 13.74. Treasury Secretary...