The unforeseen pandemic caused the stock market sell-off prompting the US Federal Reserve to pump financial markets with liquidity for the next three months. Resultantly the stock market bounced back. As the Fed’s role in financial markets has moderated recently, what does this imply for the share market investors?
Month: July 2020
Just how much do the world’s central banking powers own of their government’s stock of financial obligations is astounding. When the central bank steps in to buy the risk-free asset in an economy, private investors trade their holdings for cash which then must be redeployed, and it finds its way into risk assets.
As the digitization of the enterprise accelerates on its multi-decade journey, workload migrations, transformations and full code re-writes are expected to be prioritized at an ever increasing rate after COVID-19. Cloud stands to be a key beneficiary with penetration expected to double (10% -> 20%) over the coming 3-4 years, in a total market that will be ~15-20% larger ($716bn -> $837bn)
It’s been five years since we launched our business, in partnership with our friends at Montgomery. And we wanted to take this opportunity to connect with you to reiterate our single clear goal in everything we do. And that is: to maximise the probability of achieving multi-decade compounding of your wealth, alongside our own. We are grateful for the trust you’ve placed in us. And we continue to work hard every day, with our highly-skilled team, to do well for you over time.