News & Updates
In our News & Updates section, we’ll keep you informed about what is happening at MeDirect Group. Through this section we also publish weekly market updates provided by well-established fund houses and other interesting financial reads. Make sure to visit often to keep yourself up to date.
In this article, Stephen Yiu, discusses a new sector appearing on their Factsheet in the last few months – Energy. So far, one investment was made into the energy sector, in a company called Canadian Natural Resources.
Sarah Newcomb, behavioral economist at Morningstar speaks about how the golden ratio can help you find the right balance between spending and saving.
MeDirect has launched the first and only online discretionary portfolio management service in Malta. MeManaged provides an investment strategy based on the profile of each customer. This strategy is then entrusted to the global network of financial experts at MeDirect who take care of it diligently and on an ongoing basis, in partnership with BlackRock – the world’s largest asset manager.
The new market consensus for Federal Reserve (Fed) rate hikes is for 50 basis points (bps) to be added in the first half of 2023, followed by 200 bps of cuts over the following 18 months. It remains to be seen whether the market will eventually give in and follow the hawkish central bank tones, or whether the central banks will pivot to a more dovish stance than they have adopted until now.
BlackRock sees three shifts shaping 2023. DM economies facing recession, DM central banks will halt rate hikes when economic damage is clearer, and China’s reopening and domestic spending will drive global growth as DM recessions hit.
2022 was a crazy year for global financial markets amidst escalating geopolitical risk, record levels of inflation and the highest central bank hiking cycle ever witnessed. Inflation data rose to 40-year highs and, globally, the central banks of the top ten most-traded currencies delivered 2,700 basis points worth of tightening to fight it.