SJP Weekwatch 7th October 2024.
Thank you, David Gardner and St James’s Place Asia and Middle East, for sharing your valuable market insights with our community in the SJP 7th October Weekwatch.
Stock Take
Chinese and US markets rose last week despite geopolitical fears in the Middle East, while European and Japanese shares struggled.
Concerns about Israel and Iran caused oil prices to increase. Brent crude oil rose 9.2% to $78.23 a barrel, marking the largest weekly gain in almost two years, as low global oil supplies pushed prices up.
High energy prices contributed to the high inflation affecting the global economy after the pandemic. However, despite last week's increase, oil prices remain significantly lower than their peak of nearly $90 a barrel in April and far from the over $120 levels of 2022.
Stanford Brown Monthly - August Report
Thank you, Nick Ryder, Chief Investment Officer (CIO), and the Stanford Brown Team, for taking the time to generously share your highly informative and invaluable monthly report with THE EXPATRIATE Community. We appreciate your continuous efforts in keeping our community well-informed and empowered with your expert insights and analysis.
This month, Nick tackles some of the most pressing questions for longer-term investors:
What happened over the month
Performance of major financial markets
Current investment outlook and portfolio positioning
Views on major asset classes
Current portfolios allocations
To read the full report, click on the link below;