Wyn Thomas - Axys Investment Management

Weekly Market Update 15th January 2016

GLOBAL MARKETS FALL FURTHER AS INVESTORS SEEK SAFETY

This week marked a quieter one than the first week of the New Year; however the same problems still cast looming clouds over global markets. Fears of oversupply in oil have seen the price of Brent slide further, while equities continue to suffer. It begs the question as to whether investors are fast losing patience with riskier markets and commodities, and finding solace in the safe haven of bonds instead. The shrewd decision by brewer AB InBev to sell a $46bn bond offering this week perhaps illustrates this problem best. After all, by investing in a dependable global brand with predictable cash flows, bond investors can seemingly forget the wider macroeconomic problems we are facing. Read More…..