April Showers
Disclaimer: Your capital is at risk. This is not investment advice.
Global equity markets have experienced a correction but it hasn’t triggered a significant bearish trend yet. The sell off has been driven by the market recalibrating to a world of stickier than expected US inflation, meaning that the Fed will not be able to deliver as many rate cuts this year or as quickly as anticipated.
Despite the correction, equity markets remain the strong ranked assets in our Model and sticking with them is advisable. Gold has emerged as the leading asset class, with plenty of upward momentum to capitalize on. Industrial metals are also surging, benefiting from their previously bargain-basement prices and China’s economic stabilisation. While volatility is expected, the overall trend remains positive. It’s important not to panic amidst setbacks; instead, consider buying the dip and holding on for further gains leading up to the elections in the USA and UK.
