Signet Bank Market Review 02/2023

Signet Bank has published their monthly Market Review for February 2023.

After a buoyant and positive January, most market participants seemed to be sure that the trend for the whole of 2023 was set. Benchmark yields almost reached their peaks, so an upcoming reduction in interest rates (given expectations of a mild recession and cooling inflation) makes investments in certain market segments appropriate. However, February has dealt unpleasant hands for many. Inflation data showed an unexpected increase, consumer demand turned out to be stronger than expected, and indices of economic activity continued to balance at levels indicating, albeit weak, but economic growth.

Read the full Market Review here.