STOCK MARKET REPORT by CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS Ltd.
LAST MONTH REVIEW
STOCK MARKET REPORT by CEO Silvano Grimaldi of the independent asset management company GRIMALDI & PARTNERS AG
MONTH REVIEW
The international stock markets ended December with gains.
DRIVING FACTORS:
- End-year window dressing for institutional investors to improve end-of-year accounting.
- The general good mood among private investors led to the Christmas rally.
- Omikron studies brighten the mood: The Covid variant is more contagious, but less dangerous than the original Covid-19.
MONTH OUTLOOK
2021 was a strong year for the stock market. The upward trend continued last December. Since “the trees cannot grow into the sky”, sooner or later you can expect a breather. Caution is therefore advisable for the start of the year.
We expect a slight bearish trend in January.
STOCK RECOMMENDATION
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