The buoyant markets of October continued through most of November, taking several equity indices to new all-time highs, until news of the new Covid variant, Omicron, at the end of the month reverberated globally and sent equity markets into their sharpest one-day falls of 2021, pushing all major markets into negative territory for the month.
Staying the course
by Alex Harvey, CFA
Whilst investment is a different game altogether, similarities can be drawn between our industry and the Formula One season
- Global equities rallied 3.3% last week
- US inflation jumped 6.8% in 2021 to the highest level since 1982
- Brent crude rallied 7.5% over the week to $75.2 a barrel
- Gold was flat at $1782.8 per ounce
Death of the traditional retailer or just poor operators?
by Matt Connor
The last decade or so has seen traditional retail undergo a structural change.
- Global equities fell -1.4% last week
- Calls for fresh restrictions mounted across a range of countries, particularly around international travel
- Brent crude fell -3.9% over the week to $69.9 a barrel
- Gold fell -1.1% to $1783.3 per ounce.