What’s Hot
- Commodities/natural resources run the show, up 6.1% amid a global oil and gas price boom, OPEC cuts and the Russo-Ukrainian war
- Latin America rides high on energy and commodities prices, after languishing for a decade
- Europe bounces as markets hope there’s an end in sight for Fed rate rises around the corner
- European and American small caps also bounce on prospective slows in Fed hikes
What’s Not
- China has crumbled off the back of the CCP’s unwavering zero Covid policy, trade tensions and negative rhetoric around Chinese business
- Broader Asian indices and emerging markets have been unsurprisingly dragged down by China
- US Treasury bonds also continue to struggle, after the Fed announced its fourth consecutive 0.75% hike on interest rates earlier this week
What’s Hot
|
Name
|
Last Month Performance %
|
|
IA Commodity/Natural Resources
|
6.10
|
|
IA Latin America
|
5.69
|
|
IA North American Smaller Companies
|
5.04
|
|
IA Europe Excluding UK
|
4.79
|
|
IA European Smaller Companies
|
4.59
|
What’s Not
|
Name
|
Last Month Performance %
|
|
IA China/Greater China
|
-17.01
|
|
IA Asia Pacific Excluding Japan
|
-7.41
|
|
IA Global Emerging Markets
|
-5.95
|
|
IA Asia Pacific Including Japan
|
-5.26
|
|
IA USD Government Bond
|
-3.63
|
Performance 01/10/2022-31/10/2022
NOTE
We do this blog to simply highlight short-term trends. These are not recommendations.