This monthly commentary gives a roundup of global markets and trends.
In this edition:
- Stock markets continue to fluctuate, led by changing expectations for future interest rates
- Traders are already predicting that central banks will ‘pivot’ away from their plans to continue raising interest rates
- The Fed must assess how higher interest rates feed through to the economy
- Despite higher energy prices, European company earnings still rose
The value of an investment may go down as well as up and you may get back less than you originally invested.