Monthly Report | July ’22
Introduction
Markets rebounded in July after it experienced the worst first 6 months in almost 50 years. Weakness in the first half of 2022 was driven by inflation fears and higher interest rates which has now given way to recession fears. The growth outlook for the US and Europe has deteriorated with forward looking indicators pointing to a contraction in activity over coming months. The higher cost of living and production is weighing on households and corporates, central banks have also tightened financial conditions. As global demand fades, inflationary pressures should peak and central banks may deem it appropriate to dial down their hawkishness. In anticipation of this, bond yields dropped which in turn boosted equity prices, especially in consumer technology growth equities.
Previous Reports
Quarterly Report | Q1 ’25
The South African Reserve Bank (SARB) decreased interest rates by 25 basis points at the January Monetary Policy Committee (MPC) meeting.
We are Fairtree
Subscribe to our newsletter
Stay informed with the latest insights and updates. Subscribe to our newsletter for expert analysis, market trends, and investment strategies delivered straight to your inbox.
"*" indicates required fields
About you…
By proceeding, I confirm that:
- To the best of my knowledge, and after making all necessary inquiries, I am permitted under the laws of my country of residence to access this site and the information it contains; and
- I have read, understood, and agree to be bound by the Terms and Conditions of Use described below.
- Please beware of fraudulent Whatsapp groups pretending to be affiliated with Fairtree or Fairtree staff members.
If you do not meet these requirements, or are unsure whether you do, please click “Decline” and do not continue.