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Executive Summary  U.S. equities surged, led by small-cap stocks, which outperformed in anticipation of benefits from Trump’s policy priorities, such as tax cuts and deregulation. The Russell [...]

Executive Summary  October was marked by heightened uncertainty surrounding the US election and a notable rise in US Treasury yields, driven by expectations of increased government debt and [...]

For over a century, the United States (US) has been a powerhouse of innovation and value creation, making its equity market a global focal point for investors. With a robust ecosystem of [...]

Executive Summary  In September 2024, the stock market marked its first positive month in five years, largely due to a 50-basis point rate cut from the Federal Reserve (Fed) and stimulus [...]

As the 2024 US presidential election approaches, investors are grappling with uncertainty surrounding the potential outcomes and their implications for the financial markets. The political [...]

Executive Summary  August 2024 brought sharp market swings, driven by weak U.S. economic data and an unexpected rate hike from the Bank of Japan, which triggered a carry trade unwind and a global [...]

Dot-Com Bust Era (1995-2000) During the dot-com bubble, many tech companies had little to no earnings growth. For example, Pets.com, one of the most notorious failures of the period, had no [...]

Executive Summary  In July, global equity markets saw strong performance driven by weaker-than-expected inflation and employment data, increasing the likelihood of a Federal Reserve rate cut. [...]

Executive Summary  In June, the global equity markets experienced a significant rally, largely driven by large-cap growth stocks in the technology sector. The MSCI All Country World IMI Index [...]

Executive Summary  In May 2024, global stock and bond markets rebounded significantly, driven by strong corporate earnings, slowing inflation, and increased economic activity in the US and EU. [...]

Executive Summary  In April, the stock market rally paused as both equities and bonds saw significant declines amidst reports of persistent inflation in the US, which reduced the likelihood of [...]

Executive Summary  Equities continued their upward trend in March. However, this time, value stocks shone. Strong performances from the energy, material, industrial, and financial sectors boosted [...]

Working in a financial advisory firm, I frequently overhear my colleagues discussing how they assist clients in reaching their life goals by increasing their wealth through investments. This [...]

Introducing the Amundi Index Funds At Providend, we are constantly working to improve our clients’ investment experience by bringing in new funds for our client portfolios. This month, we [...]

Bond yields in January experienced only a marginal increase, even though the Federal Reserve (Fed) ruled out the possibility of a March rate cut. In the initial part of the month, yields moved [...]

The market extended its rally into December, building on the optimism seen in November, driven by expectations of more future rate cuts forecasted by the Federal Reserve. This anticipation [...]

Equities Surged by Nearly 10% In November Following the market declines in October, there was a notable rally in equity and bond markets in November, surpassing the losses incurred the previous [...]

Global Equity and Bonds See the Worst October in Years The equity and bond markets experienced their worst October performance in years following September’s decline, as Treasury yields continued [...]

In September, both the equity and fixed income markets faced a downturn in performance, largely attributed by the escalating U.S. yields. This was caused by an unexpected announcement from the [...]

In the year 2023, volatility has been far from absent. Following the market’s rally in July, the equity market experienced a downturn, primarily attributed by a substantial drop in major [...]

  In July, equities experienced a significant upswing, building on the momentum from the previous month’s success. Notably, Dimensional equity funds performed exceptionally well, [...]

June proved to be a favourable month for the stock market as equities demonstrated resilience and rallied, defying the Fed’s signal to raise interest rates by another 50 basis points during [...]

Volatility in the market continues to be high in May as the debt ceiling impasse between US political parties generated headlines over the month while sticky inflation data from US and Europe [...]

The stock market in April displayed high levels of volatility due to multiple factors such as another bank failure, inflation woes, and a decelerating US economy. Despite these issues, the stock [...]

Like January, February continues to show a positive correlation between equities and bonds albeit in an unfavourable direction. As shown in Exhibit 1, the S&P 500, tracking US large [...]

The January effect is a phenomenon where stocks tend to rise at the beginning of the year. The January effect was in full play this year as the stock market rallied following the news of [...]

2022 ended on a far more sombre note, and the 4th quarter rally in stocks fizzled out in December. Equity and bond indexes fell in December after central banks continued to remain committed to [...]

Last week, 4 major central banks (US, UK, Europe and Swiss) raised their main interest rates by 0.5% (Exhibit 1). While all the major banks have slowed down the pace of their rate hikes, their [...]

Stocks and bonds soared in November after lower-than-expected US inflation data in October and the Fed signalling a slowdown in rate hike. Released on November 10th, the US CPI, which measures [...]

After 2 months of consecutive losses, the stock market rebounded amidst a possibility of a slowdown of rate hike by the Fed as well as positive sentiments toward US earnings results. 71% of [...]