The Pulse on the Economy and Capital Markets: Nov 29 – Dec 3, 2021
December 7, 2021
At a glance:
- Overall, the markets struggled with commodities and crypto declining and Bitcoin fell 15 percent over the weekend.
- The defensive nature of the bond markets makes them the MVP over the last week.
- Investors are keeping an eye on how the Federal Reserve will address inflation.
- Technology markets saw semiconductors hold on strong as in demand trends grow, while software companies take a big hit.
- Meanwhile we are reading about Jack Dorsey stepping down from Twitter and renaming Square to Block, Nvidia’s $40 billion Arm acquisition is highly unlikely and Bitcoin holds steady below $50,000 during a volatile weekend of trading.
- Jack Dorsey becomes a block head
- Just one day after Jack Dorsey stepped down, Twitter announced a controversial change
- Nvidia’s $40 billion Arm acquisition is now ‘highly unlikely’ to go through
- Bitcoin holds steady below $50,000 in volatile weekend trading
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About the Author
Chief Investment Officer At Aprio Wealth Management At Aprio Simeon is the Chief Investment Officer of Aprio Wealth Management and the Director of Aprio Family Office. Simeon brings two decades of professional investing experience in publicly traded and privately held companies, as well as senior-level operating and strategy consulting experiences.