The Week Ahead
Good morning, I hope everyone had a great first week to the year.
The first week of the year has been both simple and great to trade yet for many the range has been painful. It’s quite difficult for weekly commentary this early in the year as a lot of rebalancing is happening. One clear theme is a bid for quality and income, something I expected and mentioned in the Year Ahead - attached below. Bonds are Back, bonds had inflows this week - something rather rare in 2022! As I mentioned in the Year Ahead, we would see some heavier retail selling and indeed the first week of this year we saw some solid retail supply in equities. I will upload some interesting graphics on this later on in the post.
Moving on… let’s dig into the first Week Ahead of the year!