Skip to main content Skip to site footer

You are using an outdated browser. Please upgrade your browser to improve your experience.

Sheldon MacDonald’s monthly update: US market continues to rise

8 days ago

Despite President Trump’s continued political issues the US was by far the best performing market in August.

Key to this performance is the underlying strength of the US economy and the continued positive earnings of US firms. Markets largely ignored the ongoing trade war as well as questions over Trump’s future. Trade war talk had more of an impact on emerging markets, which are expected to be hit worst if the US continues to raise tariffs on imported goods. The UK also suffered from further Brexit uncertainty.

Fixed income markets were fairly flat with no real market moving news. August did see an interest rate rise in the UK but this was widely expected and had a limited impact on markets. While there is likely to be a further increase in the US shortly we don’t expect the UK to follow their lead any time soon.

Read more about how Sheldon MacDonald, Deputy Chief Investment Officer, positioned the Architas Multi-Asset Blended Fund range and Architas Multi-Asset Passive Fund range last month in these handy 2-page PDFs.

For more information, call us on 020 7562 4900; Monday to Friday 9.00am – 5.00pm, calls may be recorded

Sheldon MacDonald, CFA

Deputy Chief Investment Officer

Sheldon co-manages Architas Multi-Asset Blended, Architas Multi-Asset Passive and Elite Fund ranges, as well as the Architas Global Equity Income fund. He oversees fund selection and manages the products’ asset allocation and investment strategies. He also leads fund manager research on global equity, UK multi-asset and money market strategies.

See full profile

We use cookies to give you the best possible experience of our website. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. See our cookie policy for more information on cookies and how to manage them.