Interestingly the shorter dated US bond yields have popped to fresh 19-month highs as rate hikes from late 2022 get built into financial markets. Our view at MM is this move has basically only just started and portfolios need to be constructed accordingly following years when falling interest rates provided a significant tailwind for the growth pockets of the market such as Healthcare and Tech.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Market Matters Monthly Video Update: Portfolio Performance for November 2025
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM remains bullish bond yields medium-term
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