2021 ended with the S&P 500 reaching a record high, the FTSE 100 18% up on the year and European equities resurging with large cap equities up over 23%.
December ended a strong year for equity markets, as the opening of economies, following successful vaccination programmes and fuelled by loose government policy, helped to propel corporate earnings above expectation.
With the announcement of a new COVID-19 variant known as "Omicron" by the World Health Organisation (WHO), markets have a sense of déjà vu.
As positive global economic activity continues following the depths of the pandemic, hopefully we are getting closer to the point where monetary authorities are confident enough to begin to reduce their asset purchase programmes and to start to increase interest rates.
As central banks contemplate the future health of the World economy there is one word on investors' minds in recent weeks and that is ‘tapering’.
As well as the usual roundup of the global investment markets, this month’s update also focuses on some key investment themes that emerged in July, some a continuation from recent months, but within certain areas, in particular China and Asia, there was a marked divergence in fortunes.
As with all investing, your money is at risk. The value of your investments can go down as well as up and you could get back less than you put in. Read more information about risk here. The tax treatment of your investment will depend on your individual circumstances and may change in the future. You should seek financial advice if you are unsure about investing.
Investment Champion Online Limited is an Appointed Representative of The Private Office Limited, which is authorised and regulated by the FCA. Both companies are registered in England and Wales with a registered office at 2 The Bourse, Leeds LS1 5DE. Dealing and custody services are provided by Hubwise Securities Limited which is authorised and regulated by the Financial Conduct Authority FRN: 502619.
Copyright