bullish
A frustrating month for markets
SUMMARY
- After almost 2 years of rising stock prices, and falling yields, 2022 started in a frustrating way.
Most of the equity indices are negative YTD, and after the big fall in the first 3 weeks of the year, the reaction has been weak. Indeed many indices have been flat in the last weeks.
Of course markets are now focused on 3 main themes: earnings, inflation and geopolitics.
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