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Market Bulletin

WeekWatch – ‘US and world stocks hit new highs’ February 2021

US and world stocks hit new highs at various points last week as investor optimism carried markets through another week of gains. Hopes are growing that the world will enjoy a strong economic recovery this year. President Biden’s team has made progress with its economic stimulus

WeekWatch – ‘Rapid rise in GameStop’s share price’ February 2021

Until very recently, GameStop wasn’t a household name. However, last week, the American video game retailer became the centre of a global controversy with billions of dollars at stake. The story began last year, when an amateur investor shared a theory about GameStop’s share price on

WeekWatch – ‘Democracy has prevailed’ January 2021

“We’ve learned again that democracy is precious, democracy is fragile and, at this hour my friends, democracy has prevailed.” In his inauguration speech last week, President Joe Biden tried to put the recent violence on Capitol Hill firmly in the past. Calling for unity, he urged

WeekWatch – ‘Rioters sieging Capitol Hill’ January 2021

President Trump’s term in office approached its end last week with a crowd of rioters sieging Capitol Hill. Although the episode ended in a few hours, it laid bare the tensions that have made the past four years so unpredictable. The scenes were troubling to watch,

WeekWatch -‘Decline in the value of sterling’ December 2020

“Despite the fact that deadlines have been missed over and over, we think it is responsible at this point to go the extra mile,” read a joint statement yesterday from European Commission President Ursula von der Leyen and UK Prime Minister Boris Johnson. Details were thin

WeekWatch -‘Flurry of vaccine breakthroughs’ December 2020

After the flurry of vaccine breakthroughs in recent weeks, and with 2020 drawing to a close, investors are focusing on the shape of the economic recovery that they expect to take place in 2021. Last week, the OECD published its twice-yearly economic outlook for countries around

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