Walker Crips' Market Commentary

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Mixed interest rate messages from US Federal Reserve leave investors wondering

Season 1, Ep. 55

Monetary policy and economic data were in the driving seat last week, with both the US Federal Reserve and the Bank of England scheduled to announce monetary policy decisions. The Fed raised the possibility of a slowdown in the pace of interest rate rises, adding new language to its statement on monetary policy to the effect that it would consider the cumulative impact of rate rises on the economy when setting rates. This was hardly the “pivot” towards more dovish monetary policy that markets were hoping for, but it was enough to unleash a rally. Unfortunately, the rally lasted all of half an hour, by which time Fed Chairman Powell’s press conference had squelched any optimism, saying that rates were actually likely to go higher than expected, even if they went higher in smaller increments...


Stocks featured:

Airbnb, Apple, GSK and Tesla


To find out more about the investment management services offered by Walker Crips, please visit our website:

https://www.walkercrips.co.uk/


This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority and is a member of the London Stock Exchange.

More Episodes

1/31/2023

US GDP figures better than expected

Season 1, Ep. 65
Warren Buffet compared the stock market to a voting machine and a weighing machine in a letter to Berkshire Hathaway shareholders back in 1987. In the short term, it can be influenced by ever-changing public opinion. But like a weighing machine, over the long term, what truly matters is the concrete, measurable financial results that determine its true value. This idea is relevant to the current situation, where the market is off to a great start for the year; perhaps as a consequence of market participants placing too great a vote of confidence in better-than-expected GDP data and an over-sensitivity to the annual pace of inflation cooling...Stocks featured:Diageo, Intel and J SainsburyTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority and is a member of the London Stock Exchange.
1/24/2023

AI start-ups seeing a flood of investment

Season 1, Ep. 64
Equity markets delivered mild returns, despite an array of poor economic data announcements. Bond yields were also relatively flat leading to minor price changes with weakening conditions justifying potentially lower interest rate hikes across multiple developed economies.Figures released from the Office for National Statistics revealed further falls in retail sales by 1% in December as struggling consumers cut back their spending. UK house prices also recorded a sharp decline over the same period according to the latest Royal Institution of Chartered Surveyors survey. This was a reflection of a challenging environment for new buyers following increasing mortgage costs and heightened economic uncertainty...Stocks featured:Alphabet, Amazon, Dignity and MicrosoftTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority and is a member of the London Stock Exchange.
1/17/2023

Equity markets experience another positive week

Season 1, Ep. 63
Equity markets broadly experienced another positive week with the FTSE 100 rising 1.7% over the period, to reach a near all-time high. Investors eagerly awaited the results from the latest US inflation figures which revealed a fall to 6.5% from 7.1% the previous month, in line with expectations. This was the sixth consecutive fall in CPI inflation driven largely by declining oil prices. This helped strengthen the trend that falling prices would persist and reduced the pressure on central banks to tighten monetary policy through interest rate hikes. The announcement helped drive bond yields lower which had a positive impact on prices...Stocks featured:Card Factory, Direct Line and ASOSTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management’s own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority and is a member of the London Stock Exchange.