Share markets were volatile over the March quarter overall as uncertainty increased around the potential effect of upward pressure on bond rates, inflationary pressures and how central banks will react in the current environment.
In New Zealand, the economic outlook remains highly uncertain although the balance of risks is mildly positive thanks to highly stimulatory financial conditions, a recovery in global activity and gradual border reopenings.
Read more in the global economy, global markets and the New Zealand economy in our Quarterly Briefing, which includes a fixed income perspective from Carrick Lucas, Senior Portfolio Manager, and comment on New Zealand equities from Matthew Goodson at Salt Funds Management.
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