NZ Everyday Investor
It was an exceptional month for NZ with the global markets seemingly blind to delta variant. The fears of the covid delta variant reaching NZ shores have now become reality. You'd expect a link between lockdown restrictions and market performance but we have seen no links at all.
A lot happened in the markets in July! The Covid Delta variant sparks fear, China tightens the leash on big tech, and the U.S maintains its consistent winning streak.
The low down on why June was another record-breaking month, the forces that have dictated market performance over the first half of 2021, and why Europe, Emerging Markets, and NZ are all under-performing.
The global economy is growing at its fastest rate since the 1960's and markets are trying to decide whether the economy is overheating which might lead to inflation and an end to the free money era, or whether we're just in a transitory period.
Global markets rose by over 4% this month, with the returns spread across all regions. The 3 big themes driving the markets were calming interest rate expectations, the concern around inflation, and the global economy starting to reopen.
Joe Biden’s stimulus and accelerating vaccine rollout drove markets to new records in March. Every day, markets seem to be reaching new heights that were deemed unthinkable 12 or 24 months ago.
We started the month with high levels of excitement, President Biden was about to pass a record stimulus package, and vaccine rollouts give hope that we will be back to…
January was a quiet month in the markets with investors taking stock and wondering what's next.
What a month in the markets! Global share markets had their best month ever, delivering 11. 5% return in the month.
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