The Pulse on the Economy and Capital Markets: Nov 29 – Dec 3, 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.

Related resources:

• 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

Disclosures

Investment advisory services are offered by Aprio Wealth Management, LLC, a Securities and Exchange Commission Registered Investment Advisor.  Opinions expressed are as of the current date (December 7th, 2021) and subject to change without notice. Aprio Wealth Management, LLC shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses or opinions contained herein or their use, which do not constitute investment advice, are provided as of the date written, are provided solely for informational purposes and therefore are not an offer to buy or sell a security. This commentary is for informational purposes only and has not been tailored to suit any individual. References to specific securities or investment options should not be considered an offer to purchase or sell that specific investment.

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