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Economists often use all available time or word count to explain the past, then offer a balanced view of the future.
Economists often use all available time or word count to explain the past, then offer a balanced view of the future. Ideally, investors would focus more on their long-term forecasts, valuations, and views, largely ignoring the near term.
Inflation statistics, particularly in the United States, surprised to the upside over April leading to fewer interest rate cuts being priced in 2024
March was another positive month for global equities with the FTSE All-World Index gaining 3.1%. The energy and materials sectors were particularly positive with the equity market rally broadening out from Artificial Intelligence (AI) stocks.
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