April 2024: hay fever

April 2024: hay fever

06 May 2024 | 1 min. readingtime

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April 2024: hay fever

Stock markets seem to have their own version of hay fever. Markets were volatile last month and almost all asset classes had negative returns. In addition to geopolitical tumult, this was due to disappointing inflation figures, which made investors wary about the speed and size of upcoming policy rate cuts from central banks.


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Raphie Hayat

Senior investment strategist

Raphie has a PhD in economic sciences and is an investment strategist at a.s.r. vermogensbeheer who writes about the interface between macroeconomics and financial markets.

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