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Markets Climb as U.S. Government Shutdown Halts Key Data

Markets Climb as U.S. Government Shutdown Halts Key Data
The coming days revolve around a single unresolved question: how long will the partial shutdown of the US government continue, and how much damage will it do? Official statistics are already being delayed, leaving markets dependent on private surveys and incomplete signals. One major jobs indicator has hinted at weakening momentum, fuelling speculation that the central bank could cut rates sooner if conditions deteriorate further. Equity markets, however, appear strangely relaxed, with key indices recently touching record highs. Our portfolio remains skewed toward Europe, where data is more readily available and policy signals clearer. A newly added industrial name is preparing a move to a more prominent stock exchange listing, while another holding in the renewable energy space continues to strengthen its fundamentals despite a flat share price. In both cases, time may be the most important catalyst.
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Updates

An unsettled start after the summer

At Shares Under Ten, we can see that the quiet summer period is gradually coming to an end. The earnings season is also entering its final stages, although several of our companies still reported results over the past few days. At the same time, there remains plenty to monitor on both the macroeconomic and geopolitical…

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Updates

Interest rate fears are back

There was relatively little major market news this week. At SharesUnderTen, we can clearly see that the summer holiday period is now in full swing. Nevertheless, we remain focused, continue to follow developments closely and keep a close eye on every company in our portfolio.

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Updates

Markets remain strong, but the risks have not gone away

Markets continue to show remarkable strength. On Wall Street, the S&P 500 reached another record high last week. In our view, that is not entirely surprising. US inflation was better than expected and, above all, earnings season is giving investors plenty of reason to hold on to their shares. Second-quarter profits across S&P 500 companies…

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Analyses

Buy low and sell high!

Are we at Shares Under Ten disaster tourists? Or do we simply wait patiently until a share has been punished so severely that an interesting opportunity emerges? Perhaps we are a little of both. That is simply how the stock market works. Shares rise and shares fall. Yet one thing continues to stand out: once…

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Updates

Trump promises a deal, and the market still believes him

Over the past few weeks, a familiar pattern has started to emerge. President Trump says that an agreement with Iran over the Strait of Hormuz is close, oil prices fall and equity markets breathe a sigh of relief. Last week, exactly the same thing happened. Trump and Treasury Secretary Scott Bessent suggested that an agreement…

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Updates

Calm Returns Once Again, but for How Long?

After months in which developments in the Middle East determined the direction of the stock market almost daily, a degree of calm appears to be returning. President Trump announced this weekend that he would refrain from launching a large-scale attack on Iran, as he believes both sides are moving closer to a new agreement. If…

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