Weekly market review: 28/03-01/04

The S&P 500 had a 0.1% gain this week, cooling off from a strong start to the week. The market was driven by the geopolitics. The market started strongly at the start of the week partly because the peace talk between Russia and Ukraine looked promising. The market retraced those gains over the next couple of days, though, as Russia refuted progress in talks with Ukraine. Oil prices fell 12.6%, or $14.29, to $99.54/bbl after the U.S. and other nations said they will release oil from their strategic reserves to help alleviate gas prices. The U.S. plans to release one million barrels per day for the next six months.

Weekly market review: 14/03-18/03

This was a great week for the stock market. S&P 500 increased by 6.2%, one of the best weeks for two years. This website (https://www.briefing.com/weekly-wrap ) argue that this was due to several factors including • Oil prices losing 5.6% • Fed Chair Powell saying the probability of a recession within the next year is low • Early reports indicating progress in ceasefire talks between Russia and Ukraine • China vowing support for its economy and markets

The next recession

A nice podcast from Economist magazine about the next recession Money Talks: The next financial crisis

Financial News 17/02/2022

 Google’ stock split. The current stock price of Google is over $2000. As argued by the article, "the split will make the stock more affordable and potentially eligible for inclusion in more market indexes."

https://www.reuters.com/technology/google-parent-alphabet-beats-revenue-estimates-online-ad-strength-2022-02-01/

 

Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982. 

https://www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html

Last week’s financial market review by Edward Jones.

https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update