Q3 2015, a turning point for what’s next
The third quarter of 2015 will be seen as a turning point in what has been one of the most volatile and downright challenging quarters since the global financial crisis of 2008. The question is, will this turning point provide the global economy the chance to regroup and continue on its upward trajectory, or will it falter and continue on its current path of increased volatility and lower equity prices? The investment team at Castlestone Management think somewhere in-between. As markets move into the fourth quarter and into 2016, either the global economy miraculously manages to stave off an economic downturn through further government monetary intervention or, the global economy will falter under the weight of a Chinese “hard landing”, a commodity price route impacting…
Emerging Markets and Sell in April and go away?
Equity markets are beginning to recover from their April correction with Europe and United States stock markets increasing over May. Historically most market corrections take place from May through to October, while most market upward trends take place during November through to April. Hence the famous market saying, “sell in May and go away”. This year however, May came a little early.