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Chetwood Investment Management Update April 2023

Despite a strong start to the year as China lifted its Covid restrictions, the first quarter was ultimately marked by the return of market volatility as the collapse of US lender Silicon Valley Bank in March triggered concerns over the strength of the global financial sector. Developed market central banks continued to raise interest rates against a backdrop of stronger economic data, although headline inflationary pressures appeared to ease. Markets overall enjoyed a positive start to the year.

 


CIM Investment Macro Update April 2023
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