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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 19th February 2021.
22nd February 2021
As you can see from the accompanying table, over the week equity markets were little changed. However, of more interest is the fact that it was this time last year that equity markets began to fall as coronavirus, which until then was seen as being contained in Wuhan, started to spread outside of China.
Week ending 12th February 2021.
15th February 2021
Thankfully the brouhaha about an imminent return of inflation – and with it, tighter monetary policy via higher interest rates – didn’t last very long!
Week ending 5th February 2021.
8th February 2021
Unfortunately, you can’t always get what you want – but thankfully we did get the next best thing from the Bank of England’s monetary policy meeting this week: negative UK interest rates are viable and if the economic outlook weakens then the BoE is ready to take action.
Week ending 29th January 2021.
1st February 2021
For us, the main story of the week was the US Central bank’s monetary policy meeting.
Week ending 22nd January 2021.
25th January 2021
As you can see from the accompanying table, US equity markets welcomed Joe Biden as the new president with a strong week.
Week ending 15th January 2021.
18th January 2021
While Donald Trump’s impeachment grabbed the headlines this week, it had absolutely no impact on equity markets as Donald Trump’s Presidency naturally comes to an end next Wednesday (20 January 2021) with the inauguration of Joe Biden.