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Week in Review: Markets Rebound Strongly in April

Despite stocks finishing mixed this week, global markets posted some of their best returns in decades during the month of April. A slowdown in new coronavirus cases and synchronized stimulus initiatives globally, improved sentiment from the March stock-market bottom. Volatility has also subsided from its recent highs but remains elevated. Economic data continues to point…

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Week in Review: Crude Oil Plunges

U.S. crude futures dived into negative territory for the first time in history this week amid concerns that there is not enough global storage for a market decimated by collapsing demand amid widespread lockdowns and travel bans due to the coronavirus pandemic. Brent Crude finished the week down more than 20% as demand destruction from…

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Week in Review: Markets Shrug Off Weak Data

Major indexes were mostly stronger this week, as investors weighed record downturns in economic data against hopes that progress in containing the coronavirus pandemic may soon result in the partial reopening of economies. Investors cheered early indications that coronavirus infection rates may be peaking in Europe and the U.S. along with announcements that governments are…

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The Power of Income Notes in an Investment Portfolio

For me as head of Carrick Wealth’s Investment Strategy, it is really satisfying when a key building block in our portfolio construction performs as planned during a market selloff. This building block is called an income note which is a subset of the broader category of structured notes. Historically used by ultra-high-net-worth individuals and family…

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Week in Review: S&P 500 posts best week since 1974

Markets got off to a strong start for the week, with growing hopes that coronavirus deaths were beginning to decline in parts of Europe. Markets carried that momentum into Tuesday morning, after China reported no coronavirus-related deaths for the first time, while Germany was seeing more recoveries than new cases and Italy stated it will…

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Carrick Wealth Launches International Property Service

Carrick Wealth, Southern Africa’s leading wealth and investment advisory, is proud to announce the launch of its brand-new business division, Carrick Property, together with its own dedicated website. This development comes in response to an identified need in the market for the provision of independent professional services for those wishing to diversify their investment portfolios…

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Week in Review: Central Banks Take Coordinated Action

Financial markets endured another week of extreme volatility as the number of coronavirus cases globally continues to rise. The social-economic trade-off of social distancing adopted by most countries across the globe will significantly impact global economic growth and employment in the first half of this year. To counteract this, major central banks and governments around…

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