Weekly Market View from Realm Investment Management. Week ending 7th January 2022.
Financial and energy stocks out-performed which meant the UK FTSE 100 ended higher, a rarity for last week with most stock-markets ending lower.
Data continues to show persistent price pressure globally and inflation concerns are increasing. Technology/Growth stocks have under-performed at the start of this year – this often happens when Treasury yields spike as they did last week. The benchmark 10-year U.S. Treasury yield hit 1.8% (the highest since the pandemic started) following the release of the Federal Reserve’s minutes from its December meeting. The minutes indicated that policy makers remain concerned about inflation and see the possibility of interest rates rising “sooner or at a faster pace” than previously expected.
The Big Picture 7th January 2022
Market Sentiment 7th January 2022
U.S. Risk Barometer 7th January 2022
Europe Risk Barometer 7th January 2022
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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.’