Weekly Market Summary.

The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.

Week ending 7th May 2021. - 10th May 2021

If it was worth us stressing once, it is worth us repeating and repeating it ad nauseum: an increase interest rates is many years away.

Continue reading →

Week ending 30th April 2021. - 4th May 2021

It has been an interesting week: recent robust economic data allowed Jay Powell, the Fed Chair (the US central bank), to talk optimistically about the economic outlook, while at the same time effectively reminding the market of the famous mantra ‘don’t fight the Fed’, as he repeated it was far too early to consider tighter monetary policy.

Continue reading →

Week ending 23rd April 2021. - 26th April 2021

Better-than-expected economic data failed to push equity markets higher this week thanks to a resurgence in coronavirus cases (mainly due to India) coupled with reports that Joe Biden is considering plans to almost double the capital gains tax rate to 39.6%.

Continue reading →

Week ending 16th April 2021. - 19th April 2021

The FTSE-100 ended the week above the 7,000 level – a level not seen since 26 February 2020 and a far cry from the sub-5,000 level it fell to in those dark and uncertain times last March.

Continue reading →

Week ending 9th April 2021. - 12th April 2021

The markets’ obsession with inflationary pressures continued this week after US PPI data climbed 1% in March, taking its annual advance to 4.2%.

Continue reading →

Week ending 2nd April 2021. - 6th April 2021

Global equity markets brushed aside Europe’s new lockdown restrictions and instead focused of the faster vaccine rollout in the US and the subsequent economic reopening, which bodes well for global economic growth and global equity markets.

Continue reading →

Week ending 26th March 2021. - 29th March 2021

After a challenging start to the week, global equity markets recovered strongly today (Friday 26 March 2021), and as a result ended the week marginally higher – and the reasons show how fickle equity markets can be in the short-term and why it was important to resist the urge for any knee-jerk reactions and maintain a long-term perspective.

Continue reading →

Week ending 19th March 2021. - 22nd March 2021

We were already on tenterhooks ahead of policy meetings at the major central banks, but heightened geopolitical tensions; new coronavirus lockdowns in Europe; and a weaker oil price, all made for an exhausting end to the week.

Continue reading →

Week ending 12th March 2021. - 15th March 2021

Given the US President, Joe Biden, yesterday (Thursday 11 March 2021) signed his $1.9tr fiscal stimulus bill into law, meaning that qualifying Americans (those earning less than $75,000 individually or married couples earning less than $150,000) will each start to receive their $1,400 cash payment in the coming days, coupled with this pledge to have all Americans vaccinated by May, inflation and interest rates were again the hot topic of the week.

Continue reading →

Week ending 5th March 2021. - 8th March 2021

It has been a rollercoaster week for equity markets.

Continue reading →

← Older posts