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.
7th June 2021
Thankfully it was a holiday-shortened week as equity markets lacked direction as all eyes were focused on today’s (Friday 4 June 2021) US employment data.
1st June 2021
This week’s equity market action was surprisingly dull, despite the volume of US economic data announcements.
24th May 2021
The tug of war between an economic reopening and recovery on one side and inflationary worries on the other meant that it was not only a very intense and exhausting week, but at the same time, a whole-lot-of-nothing week, as global equity markets ended the week broadly flat.
17th May 2021
There has only been one theme in play this week: inflation – thanks to Wednesday’s (12 May 2021) 4.2% US CPI inflation reading.
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.
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.