Monthly Review - September 2022
What can we say about global markets during the month of September? Yes, it is true that it is not unusual for markets to become slightly more volatile in September, as traders and fund managers return from their summer sojourn and activity picks up as a result, but this year market dislocations have occurred at a pace and to an extent that have left most observers stunned. For example, although the record books will show that the S&P 500 fell 9.34% over the month, the truth is that peak to trough in September it fell by 12.77%. For the tech heavy Nasdaq, the peak to trough move saw the Index fall by 13.78%, or expressed in cash terms, that equated to a loss of roughly $2.75 trillion!
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LeifBridge is a trading name of Shard Capital Partners LLP. Shard Capital Partners LLP is a limited liability partnership, registered in England with registration number OC360394. Shard Capital Partners LLP Registered office:36-38 Cornhill, London, EC3V 3NG.. Shard Capital Partners LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom, reference number 538762.
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