Market review 23.12.10

Equity rally continues as energy falters

Hello everyone,

From July to October, we saw a resurgence in oil prices and bond yields, which put pressure on stocks. But a month ago, it had become clear that inflationary pressures were easing, and we wanted to get bullish equities (especially tech).

The ETF leadership board shows the dynamic at play. Tech (blue dots) keep expanding to the far right, …