- Against a mixed economic backdrop, the US reached what is likely to be peak economic growth while Europe avoided a recession.
- There was further evidence that inflation is exiting the main stage, with monetary policy paused in most major economies.
- The tragic events in Israel and Gaza added a geopolitical dimension to the risks facing investors.
- While the direct impact has been limited so far, as far as global markets are concerned, it has added to an already complex mix for investors.
In the latest market update from Kevin Quinn, Chief Investment Strategist with Investment Markets, Kevin reviews the performance of global markets in August and 2023 so far and provides his overview of the six key highlights from August:
