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Volatility Spikes on The Twists and Turns of Geopolitics

July 22nd, 2024

  • US Presidential election twists and turns are centre stage of a further rise in market geopolitical concerns

  • President Biden's decision to stand down may help to dampen some of the more extreme alarm about a Trump Presidency

  • Rising/stubbornly high long term US interest rates indicate market concern about the long term US debt management.

  • The Gold price's new all-time high indicates that investors are worried - a favoured asset class of millennial and Gen Z investors.

  • Tech stocks need good Q2 results to arrest the sharp drop in the NASDAQ index

  • Does Goldilocks still exist? - key US inflation and growth data this week



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