Quarterly investment update Summer 2024
Welcome to our Summer Update, covering the period from 1 October to 31 December 2023.
With the final quarter of the year delivering some strong investment returns, portfolios ended the year on a very positive note.
In the current update, we cover the trend for inflation and interest rates, the current impact of migration, and the performance of the ‘Magnificent 7’ (7 largest US technology companies).
The feature article titled ‘2023: Another year that defied the experts’, looks back at various market projections made at the start of last year to remind us that listening too closely to the so called “expert forecasters” can often be confusing, if not detrimental to your financial health.