Weekly Commentary

China is on course to join the US as twin engines for a global recovery in 2021; big bank earnings; VIX at pandemic-era low

While periods of modest volatility are to be expected, the chances of sustained or permanent losses are low.

US President Joe Biden promoted his $2.25 trillion infrastructure plan; the IMF forecasts a stronger global recovery with 6% projected growth

Vaccine roll-out good news, improving US jobless claims, jam in the Suez Canal

Powell’s dovish Fed message; US-China talks in Alaska

US President Joe Biden's $1.9T stimulus bill gets passed; elevated bond yields ease

US markets whipsawed; Senate votes on stimulus bill; China unveils 5-year economic plan

10-year U.S Treasury yield surges on inflation jitters; energy and financials rally; Asia kicks off vaccinations

Singapore unveiled a new $11 billion package as part of Budget 2021; an oil supply shock hits the US; Treasury yields creep higher

The US economy continues to show signs of recovery; GameStop share prices fall back to earth