Q3 was extremely volatile for asset class returns. Stock markets finished at their lowest levels since November 2020 as recession worries, hawkish policy expectations, geopolitics and panic around UK policy saw volatility spike towards the end of the quarter.
The quarter had started well for risk assets, with stocks experiencing their best beginning to a third quarter in over 50 years. However, as inflation data continued to surprise on the upside, it didn’t take long for markets to revert back to their recent downtrend.
This is a financial promotion and is not investment advice. Past performance is not a guide to future performance. The views expressed are those of the author at the date of publication unless otherwise indicated, which are subject to change, and is not investment advice.