Bestinvest Logo

Banking concerns bring forward the end of the monetary tightening cycle

Read about global markets and trends in this monthly Investment Outlook

Published on 04 Apr 20231 minute read

This monthly commentary gives a roundup of global markets and trends.

In this edition:

  • Equity and bond markets were whipsawed in March by the turmoil in the banking sector, as it shifted expectations on interest rates and economic growth
  • The collapse of Silicon Valley Bank showed the vulnerability of some US regional banks after the biggest Fed interest rate hiking cycle for decades
  • The problems at Credit Suisse are complex. PwC identified ‘material weaknesses’ in internal financial controls at the group and it has been beset by scandals. The takeover by UBS appears to have stemmed contagion
  • These developments may change central bank views on future rate rises; they are also a reminder that problems for individual banks and companies can quickly spread around the world

The value of an investment may go down as well as up and you may get back less than you originally invested.

Get insights and events via email

Receive the latest updates straight to your inbox.

By clicking the following button you are agreeing to our website conditions.

You may also like…

Investment Outlook

Markets are breaking out on the upside

10 Apr 2024 | minute read

Investment Outlook

Can economies balance growth and inflation?

07 Mar 2024 | minute read

Investment Outlook

How will elections in 2024 impact your investments

09 Feb 2024 | minute read