Market insights and articles we found interestingEvery day at Clayline Wealth we read news and articles from a wide range of sources. Below are some of the highlights that we think might help you in your financial choices. If you have any questions about the content in them, please contact us, we are happy to help.
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The dreadful month of January is finally behind us, but the high volatility in equity markets seems to be sticking around. Although it appears the major averages will make a slight upward move this week, Thursday saw the most significant single market capitalization loss in the market's history, as Facebook fell 27% on the back of weak earnings.
Major global indices had a negative week for the third time in a row, as fears continue to mount over the upcoming monetary and fiscal tightening cycle. Although the hardest hit sectors continue to be Technology and Real Estate, it is worth noting that the selling is spreading.
The poor start to the year continued this week as major stock indexes were down for the third week in a row. The significant shift we saw came on Friday when major US banks reported earnings that failed to live up to expectations.
A rough start to 2022 as we re-entered the bizarro world of good economic news being bad for equity markets. Despite seeing an Omicron surge across the developed world, financial markets are locked onto future Federal Reserve interest rate actions as the main market driver.
We saw a real narrowing of markets this week as earnings season continues to differentiate between winners and losers. Household names like Disney and Walmart fell hard on slowing growth and margin compression. On the other hand, Nvidia and Macy's delivered blowout quarters far above expectations, and their stocks rose accordingly
As of this writing, we see global stock markets posting a negative week for the first time since the middle of October. We are happy to report that our managed portfolios are all squeaking out small gains for the week.