Laura Emery, Author at T. Bailey

August 2024 Monthly Review

Markets recovered from an early sell-off driven by geopolitical tensions, shifting Japanese policy expectations and crowded positioning in US equities. As inflation pressures eased and central banks refocused on growth, returns began to broaden beyond mega-cap technology, reinforcing the value of diversification.

July 2024 Monthly Review

July saw a sharp rotation away from US mega-cap technology toward smaller companies as inflation eased and rate-cut expectations grew. Diverging central bank actions, a stronger yen and improved UK political clarity drove market volatility, while diversified portfolios benefited from broader equity leadership.

July 2024 Mid-Monthly Update

July markets were driven by fine margins in economic data and political events, with slightly softer inflation and weakening labour markets shaping rate-cut expectations. UK political clarity supported sterling and assets, while shifting US and European politics added to volatility but left diversified portfolios well placed.