28 Nov 2022
Week in Review: Friendlier Fed
Minutes from the Federal Open Market Committee’s (FOMC) latest meeting were released earlier this week and the key takeaway was that smaller rate hikes are more likely in the upcoming months as inflation settles down.
7 Nov 2022
Week in Review: Fed Hikes as Expected
The U.S. Federal Reserve (Fed) raised interest rates by a further 75 basis points to the 3.75%-4% range on Wednesday, its fourth consecutive hike this year.
2 Nov 2022
Carrick Investment Services Welcomes Paul Jeffreys as New Regional Manager of Our Mauritius Office
Carrick is pleased to welcome Paul Jeffreys as our new Regional Manager: Carrick Investment Services, effective from 01 November.
31 Oct 2022
Week in Review: Markets Respond Despite Mixed Signals
U.S. and European financial markets recorded a second week of strong gains, despite mixed economic and company earnings signals.
27 Oct 2022
SA Medium-Term Budget Policy Statement 2022
The Medium-Term Budget Policy Statement (“MTBPS”) was tabled in parliament yesterday by Finance Minister Enoch Godongwana. The 2022 MTBPS aims to reduce fiscal risks in the short term, narrow the budget deficit and stabilise debt. It also proposes measures to enhance economic growth and restore funding for infrastructure and service delivery programmes.
24 Oct 2022
Week in Review: 45 Days
British Prime Minister Liz Truss resigned on Thursday after just 45 tumultuous days in office, making her the shortest-serving prime minister in British history.
12 Oct 2022
Talking Wills and Estates with Elderly Parents
While it’s never an easy subject to broach with elderly parents who have “not got around” to estate planning, knowing their wishes upfront can save a lot of stress down the line.
10 Oct 2022
Week in Review: U.S. Economy Adds 263,000 Jobs
Markets got off to a strong start in October, with the S&P 500 Index (+5.6%) recording its biggest two-day rise since April 2020, before giving back some of those gains later in the week.
7 Oct 2022
Carrick is Awarded Excellence in Advisory Best Practice and Client Service for Africa
Wealth management and investment firm Carrick Wealth is thrilled to have been named as the winners in two categories at the prestigious 2022 International Investment Awards: Excellence in Advisory Best Practice for Africa and Excellence in Client Service (Advisers) for Africa. Their team were also highly commended in no less than four categories.
5 Oct 2022
Carrick Sponsors South Africa’s Real-Life Ironman
Carrick is proud to be sponsoring award-winning triathlete Miguel Netto, who, this week, is set to become the only South African in his age group to race two Ironman World Championships in one year. Having overcome multiple injuries, Miguel is living proof of the power of endurance. He chats to us about his journey so far.
3 Oct 2022
Week in Review: Dollar Strength
Concerns about the outlook for the global economy continued to weigh on financial markets amid growing fears of aggressive central bank policy and heightened geopolitical tensions sent stocks in the U.S. to their third consecutive weekly decline.
19 Sep 2022
Week in Review: U.S. Core Inflation Accelerates
Inflation remains at the centre stage of financial markets this year. U.S. inflation release this week, triggered the biggest daily decline in the S&P 500 in over two years and drove interest rate expectations higher.
5 Sep 2022
Week in Review: Mixed Data Weighs on Investor Sentiment
U.S. stocks closed lower for the week as investors continued to digest hawkish messages from the Fed and a mixed U.S. payrolls report, released Friday.
29 Aug 2022
Week in Review: Inflation Remains Public Enemy Number 1
Global equity markets came under pressure on Friday, after Federal Reserve Chair Jerome Powell signalled that the Fed is going to keep raising rates to control the highest inflation in decades, regardless of what Wall Street thinks.
22 Aug 2022
Week in Review: UK Inflation Accelerates
Official data Wednesday showed UK inflation rising at an annual pace of 10.1% in July, as soaring food and energy prices saw inflation hit double digits for the first time in 40 years.