Global perspectives from
our Principal Advisers

This week, the AAII’s Bearish Sentiment reading crossed above 60% (extreme) for only the 5th time in its 35-year history. The last time it happened was March 5th, 2009. The AAII survey tracks short-term investor sentiment (six-month).

Over a 6-week period in June and July, global equities rallied +14% on speculation the FED would slow down their rate hikes; however, this was not the case (yet), and global equities swiftly retreated -6% over the last few weeks. Just yesterday, the ASX200 gained

The financial system has taken a small but noticeable exhale, most notably in the U.S. with equities and bonds rebounding from their June lows. Some are calling this a pivot party, with the prospect of softening inflation data and, therefore, interest rate expectations placing a

Recent financial market developments have many investors understandably nervous. Tackling price inflation through higher interest rates has become a global phenomenon. Tighter than expected financial conditions indicate a meaningful economic slowdown, and recent equity market weakness reflects this.