Scott Fyffe Wealth Management

A larger than anticipated cut in US interest rates and a surprise fiscal stimulus package from the People's Bank of China (PBC) acting together with financial regulators, were the dominant themes during the month. You can find out more, by clicking the link below. https://lnkd.in/egFN6Jtd

Against the backdrop of the ever-changing landscape of the UK economy, we believe it is more important than ever to keep our clients informed of market updates and discussion topics that keep maybe of relevance. For more information on any of the topics covered in this edition of the Quarterly Adviser, please don’t hesitate to get in touch with us. https://lnkd.in/eS2DE8N9

Both the stock market and bond markets paid little attention to the announcement of a July election and the potential prospect of a Labour government, largely due to the lack of fiscal borrowing headroom to support unfinanced government spending. Instead, markets were more focused on the current economic backdrop and prospects for lower interest rates, which supported another high for the FTSE 100. Find out more in our June Investment Update https://lnkd.in/e8hs856Q

Welcome to this edition of The Quarterly Adviser. Against the backdrop of the ever-changing landscape of the UK economy, we believe it is more important than ever to keep our clients up to date with the latest news and discussion topics and to offer you the reassurance, that your investments are in safe hands. For more information on any of the topics covered in this edition of the Quarterly Adviser, please don’t hesitate to get in touch with us. https://lnkd.in/eXntNqZ6

Thanks to Dundee United Football Clubfor a fantastic day 🏌️ https://lnkd.in/evc5Fbzx

March saw a continuation of the broadening out of the source of returns across global equity markets, away from the so called Magnificent 7 in the US. As can be seen in the ‘league table’ Japan was the standout market over the quarter. Indeed, the wider MSCI World Index recorded its best start to the year since 2019. Whilst Nvidia still remains the focus of attention in the US, returns there too have now broadened out, with the S&P Mid-Cap index delivering a return of 5.6% in March. The FTSE 100 had its best relative month for a while, as overseas investors sought value opportunities, but the UK market lagged behind all bar China over the quarter. Read more below or download the PDF. Find out more in our April Investment Update. https://lnkd.in/eEAszyED #financialplanning #economy #investment

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February continued the trend set in January, where we saw equity markets move higher, but bond markets struggling. Despite most of the attention being focussed on the US market, the Japanese main market led the way, despite the yen continuing to weaken. The main focus in the US was still centred on the AI theme, with chip producer Nvidia alone producing 20% of the S&P’s return, gaining 28.6% over the month, 59.8% from the beginning of the year and 441% from the close of 2022. To find out more click below https://lnkd.in/eWVPmfJf

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In many equity markets, January saw a continuation of the progress seen in Q4 2023, with the US, European and Japanese markets seeing positive returns. To find out more, read our latest investment update. https://lnkd.in/exZ5fdaB