The dollar will likely consistently weaken next year as the Federal Reserve ends its aggressive interest rate hiking agenda.
According to reports, asset managers are selling the greenback at the fastest pace in a year.
So, the Big Dollar Sell-Off is go.
As I was quoted by Yahoo Finance, Newsmax, Advisorpedia, Mena FN, Business Insider, Investor Ideas, US Today, The Exchange Africa, Oman Observer, and Emerging Markets, among other media, we forecast this trend Read More
Investors will face three key challenges during the remainder of the year: inflation, a slowing global economy and high stock valuations.
Now we’re in the second half of the year, investors will be studying the market outlook, macro risks and forecasts.
As I talked about on CNBC Africa and was quoted by Advisorpedia and Mena FN, amongst other media, up to now, 2023 has been a better year for economies around the world than many had forecast. That Read More
Stock markets will likely fall over the summer, giving investors a key buying opportunity to boost their portfolios.
UK inflation surpassed expectations last month, with consumer prices rising by an annual 8.7%, significantly higher than the Bank of England’s 2% target.
And in the US, Federal Reserve Chair Jerome Powell confirmed that rate hikes should be expected as inflation is “well above” where it should be.
Indeed, Mr Powell stated: Read More
Investor focus is set to move away from inflation and on to earnings season, which gets underway on Friday.
Major Wall Street banks such as JPMorgan Chase, Citigroup, and Wells Fargo are publishing their earnings reports. Companies reporting next week include Tesla, IBM, and Johnson & Johnson.
As I was quoted by Market Watch, France 24, Yahoo News, Times of Malta, Mena FN, Financial Mirror, Investor Ideas, Morning Read More
The latest Federal Reserve meeting minutes published on Wednesday appear to indicate the U.S. economy is heading toward a recession.
The minutes showed the central bank is maintaining its cautious stance on inflation, with officials in agreement that rate cuts shouldn’t take place this year. “In view of the persistent and unacceptably high level of inflation, several participants commented that historical experience cautioned against prematurely loosening monetary policy,” Read More
The debate as to whether inflation is ‘transitory’ or not is now not in play and investors should be reviewing their investments.
Last week the Bank of England hiked interest rates for the first time in over three years in a bid to tackle mounting inflation, with the Monetary Policy Committee voting 8-1 in favour of the increase to 0.25%.
This followed on from the U.S. Federal Reserve lining up for faster rate hikes sooner than forecast as inflation soars. The central bank Read More
Inflation worries rattling stock markets across the globe should be used by investors as a reality check.
On Tuesday we saw the pan-European Stoxx 600 index drop 2.3% and London’s FTSE 100 fall 2.4%.
European losses followed on from the Asia Pacific region, with Hong Kong’s Hang Seng closing more than 2% lower and Japan’s Nikkei 225 ending the Tokyo trading session having lost more than 3%.
In addition, U.S. futures were down across the board ahead of the opening bell Read More
The unexpectedly large spike in inflation confirmed yesterday and the BoE's inflation forecast today could spell trouble for company pension holders. The unexpectedly large spike in inflation confirmed yesterday and the BoE's inflation forecast today could spell trouble for company pension holders. Read More