A Brewing Global Food Crisis

In a world recovering from covid-19 and its associated supply chain after-shocks, the war in Ukraine is leading to an alarming increase globally in government controls on the export of food products.

December brought more volatility to the markets across all asset classes. China has continued to reel from the debt crisis underpinning its property development sector and Bitcoin assets have had a bad finish to an otherwise great 2021. December was marked by the news of Toyota overtaking General Motors in US car sales and the improving outlook (amidst Omicron challenges) for the world airline industry.

September proved to be a challenging month for financial markets with inflationary trends witnessed in key energy commodities including oil and natural gas. The evolving real estate situation in China has further increased the uncertainties in financial markets and have badly impacted growth stock valuations.