Uncertainty and the correlation conundrum

A familiar pattern returned this week: headlines moved first, markets reacted fast, and certainty did not last long. 

The price of oil recently reached four-year highs. Will this be a short-lived shock or a long-term issue?

While energy prices and government bond yields rose this week, the impact on equities was different across regions, and credit stress was contained. The situation so far is one of uncertainty rather than a downturn.

The “Magnificent Seven” begin to split as two tech giants break away from the pack.

Vital industries for UK growth like steel or cement are also energy intensive, and their decarbonisation is essential. We convened a roundtable of experts to discuss barriers and solutions to unlocking low-carbon investment opportunities.

Welcome back to Bitesize, a monthly data-viz series in which we unpack market developments in a single chart (or two), giving you sharp insights in under five minutes. This month, we explore the recent gold rush, and the surprising implications of taking money out of the equity market during dips.

The managers of the AIMS Target Return strategy explain why investors should be prepared for more turbulence in 2023.