AHR Weekly Market Update - Monday 20th November

On this week’s AHR Market review..

Markets were buoyed over the week by cooling inflation data from the US, boosting the likelihood that the US Federal Reserve may be at the end of their interest rate hiking programme.

After a brief acceleration in late summer, US inflation resumed its downward trajectory in October.

However, housing costs, which accounted for more than 70% of inflation last month, remain an issue having risen by 6.7% over the past year.

UK inflation also slowed more sharply than expected to 4.6% in October, its lowest level since 2021, thanks to a retreat in energy prices.

U.S. stock indexes climbed for the third week in a row as both broad US equities and US technology equities posted returns of more than 2%.

The cooling inflation signals led to another drop in long-term US Treasury yields, with the benchmark 10-year note touching around 4.40% on Friday, its lowest level since mid-September.

That’s all for this week’s AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.