AHR Weekly Market Update - Monday 20th May
Manage episode 419202471 series 2891086
On this week’s AHR Market review.
Equity markets recorded a fourth straight week of gains and reached record highs, following the release of inflation data from the US that has investors once again betting that interest rate cuts may not be too far away.
The catalyst for the market moves over the week appeared to be the release of US inflation data in the form of the consumer price index (CPI).
Elsewhere in economic developments that supported this week's narrative, US retail sales plateaued unexpectedly in April, marking a stark contrast to the 0.6% increase seen in the preceding month.
Dealing with a very different economic dynamic, China has announced additional stimulus measures to rejuvenate its faltering property sector.
Looking at equity returns, US equities closed the week up 1.5% whilst US technology added over 2% for the week demonstrating greater sensitivity to the potential of rate cuts in the US as soon as September.
That’s all for this week’s AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.
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