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.
We also regularly post links on Twitter to articles we find interesting.
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.
After a solid start to the month, equity markets turned volatile to close out November as the new omicron variant ignited worries over potential renewed lockdown restrictions around the globe. Major equity indices hit record highs in the first half of the month, fueled by corporate earnings that turned out to be much stronger than anticipated.
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.
After a rough September, stocks rebounded in October with various indices hitting record highs during the month. Gains were fueled by a robust start to the third quarter earnings season in the U.S. and improving COVID-19 trends throughout the world, enabling more economies to gradually reopen.
A wonderful week to end what has been a tremendous month for global equity markets. Although very disappointing earnings announcements from Apple and Amazon took some of the shine off the otherwise great results, October is still on track to be the best month for investors since last November.