January proved to be a strong month for global markets, with the U.S. leading the way and Australia following suit. Despite early turbulence from concerns over AI market shifts, strong earnings results drove equities higher. The MSCI ACWI index gained 3.3%, with the S&P 500 rising 2.8%. European markets performed exceptionally well, buoyed by continued interest rate cuts by the European Central Bank (ECB). In contrast, Japan’s markets remained largely flat as interest rate hikes strengthened the yen.
Read more here: Paradigm Group Investment Update – February 2025