Don’t fear the rebalance
The rough patch for global stocks continues. Equities had a fairly dramatic fall last Wednesday, led yet again by the US large-caps. Wednesday saw both the S&P 500 and the Nasdaq experiencing their worst single day losses since 2022, and the US volatility caused ripples around the world. Some of those aggregate losses were recovered on Thursday and Friday, after data showed that the US economy grew from March to June at a rate that had been well ahead of economist expectations.
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This material has been written on behalf of Cambridge Investments Ltd and is for information purposes only and must not be considered as financial advice. We always recommend you seek financial advice before making any financial decision.
Past performance is not a guide to future performance.
The value of your investments can go down as well as up and you may get back less than you originally invested.Source of financial market data: MorningstarDirect.