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"Ageing Gracefully"
For global equity markets, it was a case of déjà vu, with many major indices hitting fresh all-time highs in October.
After an extended period of relative calm, August proved to be an eventful month, with a sharp jump in market volatility as markets ‘rock and rolled’. While investor sentiment had stabilised by the end of the month, our Senior Investment Strategist, Phil Borkin, explores this period of heightened volatility and its broader implications for the market.
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For global equity markets, it was a case of déjà vu, with many major indices hitting fresh all-time highs in October.
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Global equities have been on a remarkable run this year — and September kept the momentum going. In NZD terms, returns have been especially strong.
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Is US Exceptionalism Fading? Few investment themes generate as much discussion as the concept of US exceptionalism—the belief that the US economy and equity markets consistently outperform global peers.
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