Turning the corner?
by Stephen Nguyen, CFA
As we enter the third year of the COVID-19 pandemic, uncertainty remains elevated in financial markets
Market Snapshot
- Global equities fell -1.7% last week
- Fed officials mulled earlier and faster rate hikes than expected due to rising inflation
- Brent crude rallied 5.1% over the week to $81.8 a barrel,
the third consecutive weekly gain - Gold declined -1.8% to $1796.6 per ounce