Weekly Market View from Realm Investment Management. Week ending 26th November 2021.
Stock-markets were lower last week on concerns over a new Covid-19 variant. The decline on Friday was the worst this year as markets went risk-off on worries that new restrictions would curtail further economic recovery. In Europe worries over rising coronavirus cases were already weighing on sentiment even before news of the new variant spread.
Commodities were also lower over the week with oil falling more than 6% and surprisingly (with investors seeking safety) gold also declined.
Markets recovered a little at the start of this week as investors await more information regarding the omicron variant which has already spread to twelve countries. Moderna have said that a new vaccine could be ready by early next year.
The Big Picture 26th November 2021
Market Sentiment 26th November 2021
U.S. Risk Barometer 26th November 2021
Europe Risk Barometer 26th November 2021
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This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’
