Market Commentary October 2023

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It’s been another difficult month for investors with equity markets and fixed income assets both delivering negative returns. Although international news has been dominated by events in the Middle East, markets appear to remain unconcerned about the recent geopolitical developments. 

The continuing increase in bond yields and higher oil prices exerted downward pressure on equities. The US economy continued to show signs of resilience and whilst the rest of the world displayed signs of economic slowdown, there were indications that inflation had peaked in various regions. However, central banks maintained a cautious approach, signalling prolonged higher interest rates.


Flying Colours Investment Management aims to make investment management more accessible and transparent for clients. Our roots in investing money on behalf of our clients, and our motivation lies in a genuine desire to make a difference to people’s futures and maximising the potential for solid long-term returns.

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