EPISODE · Aug 7, 2024 · 3 MIN
Markets show a broad recovery rally for equities | Morning Markets
from True Potential Morning Markets · host True Potential
After market volatility at the start of the week, all main equity markets finished positive in what is being named “Turnaround Tuesday”. Chris Leyland, Director of Investment Strategy, looks at Nvidia and Meta which have rebounded up 4% each and cover about some of the weakness seen in Sovereign Bonds and Gold as investors rotate towards equities and demonstrate a willingness to add risk to their portfolios. In other news, the Halifax House Price Index in the UK rose by 2.3% year-on-year, marking the sharpest annual growth since January.
What this episode covers
After market volatility at the start of the week, all main equity markets finished positive in what is being named “Turnaround Tuesday”. Chris Leyland, Director of Investment Strategy, looks at Nvidia and Meta which have rebounded up 4% each and cover about some of the weakness seen in Sovereign Bonds and Gold as investors rotate towards equities and demonstrate a willingness to add risk to their portfolios. In other news, the Halifax House Price Index in the UK rose by 2.3% year-on-year, marking the sharpest annual growth since January.
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Markets show a broad recovery rally for equities | Morning Markets
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