Weekly Market View from Realm Investment Management. Week ending 1st April 2022.
Stock-markets were higher last week despite ongoing concerns over the war in Ukraine, rapidly rising inflation and slowing global growth.
Crude oil fell back last week after reports that Joe Biden may announce a plan to release a million barrels of oil a day from US reserves, possibly for several months. Gold and Silver were also lower last week.
US jobs data on Friday showed that fewer jobs than expected were added in March but unemploymengt fell to a new 2-year low. Nothing in the data to give the Fed pause when considering a 0.5% rate rise in May.
Despite the spread of the omicron coronavirus variant, data showed that the British economy grew slightly more than expected, 6.6% YOY, in the last quarter 2021.
The Big Picture 1st April 2022
Market Sentiment 1st April 2022
U.S. Risk Barometer 1st April 2022
Europe Risk Barometer 1st April 2022
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This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’