Global stock markets have continued their upward march since our last market commentary in April. When compared to the darkest days of March 2020, the US S&P 500 stock index has now doubled in value and broadly similar, albeit slightly less impressive, figures are being witnessed by other key market exchanges. The effectiveness of leading […]
The state of the world’s health seems to have turned a corner since our last investment communication. Notwithstanding the terrible situations in those countries struggling to get on a grip on the pandemic such as India and Brazil, at last there appears to be real hope that COVID-19 will be defeated sooner rather than later. […]
The disconnect between unstoppable financial markets and deteriorating global economic fundamentals continues to widen as the world maintains its efforts to manage the spread of COVID-19. If anything serves to remind us that the stock market is not the economy, this is certainly it. The huge stimulus packages put in place by the authorities – […]
Coronavirus has certainly focused the mind on what is and isn’t important – a personal lifestyle re-set button if you like. For many of you with more pressing things to worry about than money, the only message that you’ll want to hear from KMD at this time is that – financially speaking – things will […]
The first Budget Statement of Prime Minister Boris Johnson’s Government has now been published – please click on this link to access our summary.
Although we touched on the Coronavirus in our recent investment update since then, the volatility of world stock markets has been hitting the headlines. We therefore thought you might appreciate some reassurance about the long-term prospects for client portfolios. What’s been happening? Markets have been slow to respond to the potential for Coronavirus to develop […]