Market Commentary July 2023

Letter 3

In June, global equities experienced a notable increase of 5.84%, whereas global bonds remained relatively stable at minus 0.01%. The S&P 500 and Nasdaq took the spotlight as mega-cap tech stocks like Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla (collectively known as the Magnificent 7) rallied, driving the market upward.

MORE LIKE THIS

THINK DIFFERENTLY

Executive Summary Market Review​​​​ The global macroeconomic landscape has transformed dramatically since the start of 2025, driven largely by US...

Market Commentary March 2025

February was a turbulent month with global equities retreating in the latter half of the month, dragged down by the...

Market Commentary February 2025

Following a challenging December, January was kind to most major asset classes with gold and equities leading the gains.