Kapiti Financial Advice Limited – KiwiSaver and Investment
The broad theme is that rising interest rates have put pressure on bond and share markets in recent weeks. This is providing a challenge for funds across the board: The US share market has plateaued since early August, with rising bond yields creating headwinds for shares/equities. Nevertheless, the US market has been supported by technology … Read more
Global equities rose during August, supported by exceptionally strong corporate earnings and resilient economic activity. This occurred despite ongoing tensions in the Middle East and upward pressure on interest rates. The global second quarter earnings season has been significantly stronger than expected and remains an important support for equity markets. In the United States, the … Read more
The resilience of the US economy remained a feature of financial markets during July. Economic data generally exceeded expectations, supported by steady consumer spending, a healthy labour market and ongoing business investment. The continued run of stronger-than-expected economic data has reinforced the view that the US economy remains more resilient than many anticipated at the … Read more
Global financial markets experienced a very unpleasant start to April as US President Donald Trump unveiled larger than expected “reciprocal” tariffs on countries around the world. As the month went on things got better. Global markets stabilised and recovered after Trump called for a 90-day pause for the reciprocal tariffs. In the final wash, Global sharemarkets … Read more
Better than expected US inflation data, the ongoing resilience of the US economy and solid corporate earnings results provided support for the US market in January. This was despite uncertainty regarding the impact of Chinese AI startup DeepSeek and President Trump’s plans to apply tariffs on imports. Providing support for the outlook, the Fed has … Read more
A small correction in global share markets in October followed a dramatic rise in longer-term US interest rates. Global bond yields moved higher on better-than-expected US economic data and a focus on the growing size of America’s national debt. Stronger than forecast US economic data was one of the reasons why US longer-term interest rates … Read more
July witnessed several market moving events leading to high levels of volatility. Except for large cap US technology companies, which declined in value over the month, the volatility was generally to the positive side with both fixed income and equity markets delivering positive returns. Events over July included a surprise French election result, dramatic developments … Read more
Global sharemarkets rose in June, led higher by the US sharemarket, with US US technology companies continuing to lead the way. European markets fell amidst heightened political uncertainty across Europe. NZ’s sharemarket fell -1.2%, reflecting the ongoing weakness in the local economy. Companies exposed to the local economy continued to underperform. Australian equities rose 1.0% … Read more
Share Markets Global share markets rose 3.7% in May, reverting to their upward trend Favourable economic data in the US, UK and Europe, a successful US earnings season, and falling longer term interest rates supported the rise in global share markets. AI remains a key feature. Nvidia’s better than expected profit announcement provided a big … Read more