Goldilocks Market And The Three Bears - Sunday Roundup, August 11, 2024

Summer trading is likely to stay choppy but it is unlikely that we will see another volatility spike of the same magnitude. This year market participants were pricing a Goldilocks scenario with quiescent inflation and positive economic growth. Recent volatility may have cast doubt over the likelihood of a soft landing for some, but not for Johanna Kyrklund, co-head of investment and group chief investment officer at Schroders. She said market performance is being driven by three major groups of investors that she referred to as the three bears.