Asset Class Commentary February 2023
In contrast to the bleak returns of last year, nearly all asset classes are in positive territory for 2023. Investors are searching for the positives in any news, and this is being reflected in markets.
In contrast to the bleak returns of last year, nearly all asset classes are in positive territory for 2023. Investors are searching for the positives in any news, and this is being reflected in markets.
As much as we may need it, a boring year where nothing much happens does not exist, as evidenced by the events of last year.
Over the past year markets have experienced heightened volatility, mainly due to macro-economic factors.
Political turmoil had continued to plague the UK with the appointment and subsequent removal of Liz Truss.
Will they, won’t they? Backtracking and indecisiveness are the key themes this month. Whether we are talking about the UK government or Elon Musk, deals and plans are being thrown against the proverbial wall and what is actually sticking? Apart from inflation, not much.