Titan Wealth Weekly Market Update Podcast

Markets were dominated this week by the US Federal Reserve’s latest monetary policy meeting on Wednesday.  https://ahrprivatewealth.com

The latest inflation figures for the US were released this week, with headline inflation coming in at 5% for the year to May.  Excluding food and energy, inflation rose by 3.8%.... https://ahrprivatewealth.com

Data released this week pointed towards further momentum in the global recovery and inflationary pressures continuing to build, although not outside of expectations. .. https://ahrprivatewealth.com

Further positive economic data from the US brought monetary policy to the front of investors’ minds this week, despite the Fed confirming once again that it expected higher inflation to be transitory.... https://ahrprivatewealth.com

It has been a volatile week in markets, as positive economic data releases triggered further concerns over inflation... https://ahrprivatewealth.com

The long-anticipated US inflation data for the month of April was released this week, marking the point one year ago when much of the US economy had entered into a Covid induced economic lockdown... https://ahrprivatewealth.com

The major indexes produced mixed returns across a wide range as a Friday rally erased some losses from early in the week. The narrowly focused Dow Jones Industrial Average fared best... https://ahrprivatewealth.com

The major indices ended mostly lower, but the S&P 500, the Nasdaq Composite, and the S&P MidCap indices all reached new highs before surrendering their gains on Friday... https://ahrprivatewealth.com

Improving economic data gave way this week to a sharp increase in Covid-19 cases in those areas of the world left behind in the race for vaccines... https://ahrprivatewealth.com

Equity markets finished the week on a strong note with stocks nearing record highs by Friday, helped by the release of positive economic data from various regions... https://ahrprivatewealth.com

The US Institute of Supply Management released their latest survey for the services sector this week, coming in at an all-time high, propelling equity markets higher... https://ahrprivatewealth.com

The major benchmarks closed higher for the holiday-shortened trading week, with markets closed Friday in observance of the Good Friday holiday...  https://ahrprivatewealth.com

Markets were mixed this week, as a rally in government bonds earlier in the period enabled technology and classically defensive sectors to recover some losses whilst the reflation trade was put on hold.... https://ahrprivatewealth.com

Against an increase in economic growth forecasts by the US Federal Reserve (Fed) this week, the chair, Jay Powell, reiterated their continued accommodative stance on monetary policy. ... https://ahrprivatewealth.com

Stock markets rose this week, helped by the US finally passing President Biden’s $1.9 trillion stimulus package. The legalisation includes a direct payment of $1,400 to Americans earning $75,000 or less. Technology stocks also bounced having fallen into a technical correction on Monday…. https://ahrprivatewealth.com

Inflationary fears remained centre of attention this week, with the chair of the US Federal Reserve (Fed), Jay Powell, yet again confirming that the Fed will be in no hurry to raise rates, providing little comfort to investors..... https://ahrprivatewealth.com