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Our views 03 October 2023

ClockWise: Summer sell-off strikes again – 2023 Q3 review

5 min read

Equity markets had made a strong start to the year, as a resilient global growth picture had helped equity markets to enter the quarter in bull market territory (up 20% from their lows) amid low volatility.

Over last quarter, we saw a familiar rise in summer volatility which led both stocks and bonds to decline over the quarter. Returns on global stocks still remain positive year to date but bond markets have now moved into negative territory.

Read in full: ClockWise: Summer sell-off strikes again


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