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Latest Update

Monthly commentary, June 2022

Posted: 12 Jul 2022

To cap off an eventful 2nd half of the 2022 financial year, we saw dire global economic and market headwinds not seen since the GFC over a decade ago. With the US, the largest economy in the world teetering on falling into a 'hard' or 'soft' landing recession, we also saw its share market post its worst start to a calendar year in over half a century. Investors holding traditional defensive assets, in the form of long maturity bonds, have also felt the pain of large negative returns over the year - something not seen for over 30 years.

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