Following the turmoil that gripped markets in April, largely driven by the surprise imposition of US "Liberation Day" tariffs, May saw equity markets recover lost ground.
Global markets were rocked in April as the Trump administration ratcheted up trade tensions between the US and the rest of the world, igniting fears of a slowdown in global growth. The month began with a jolt as US President Trump unveiled sweeping tariffs on imports, branding the move “Liberation Day”. The announcement triggered sharp […]
This Quarterly Report is designed to support our valued advisers and clients. It contains: A market review and key insights Performance reviews for each T. Bailey fund Portfolio highlights Asset allocations Views on various asset classes Our outlook for the next quarter We hope you find this report helpful and informative. You can download here: […]
The opening month of the year has been dominated by news from the US that has set the tone for global financial markets. Robust US macro data at the start of the month showed continued strong US jobs growth, accompanied by a decline in the unemployment rate and solid growth in earnings.
August witnessed volatility rarely seen in financial markets. Initial blame for the two day financial market dislocation was laid at the door of weak US unemployment data suggesting that a US recession was imminent. Less than a week later, a benign jobless claims release led to a 2% plus bounce in US equities.
The two key US statistics that have the ability to move US (as well as other) financial markets are inflation data and the unemployment report.
One of the key factors for equity markets to extend their rally into the end of 2023 was the expectation of official interest rate cuts in the US, UK and Eurozone by their respective central banks.
Different ways of investing. Each has their merits and their disciples but the reality is that none of the them are separated by clear demarcation lines.
Following a reorganisation at our ACD, from 11th March, contact details for advisers and clients have changed. Full details contained in this post.
Finding the T. Bailey Funds has become harder since our ACD became part of the Waystone Group of companies. Our funds can be found under the Management Group heading of Waystone Fund Services (UK) Ltd and now have the WS prefix at the beginning of each fund name.
The first half of the month was about inflation and employment data. Rising UK wages and a lower unemployment rate will give the Bank of England plenty of scope for another rate hike at next Thursday’s Monetary Policy Committee (MPC) meeting.
From the 31st May 2023, we are changing the names of the T. Bailey Dynamic Fund and the T. Bailey Growth Fund in order to make them more descriptive to investors and so they fit more logically in our product range.
After a strong month for most financial assets in January, the final three weeks of February proved to be more of struggle.
February started with anticipated rate increases from the US Federal Reserve, the European Central Bank and the Bank of England. All three were keen to re-emphasise their inflation-fighting zeal.
