Warwick House View August 2021
International Market Overview
World markets continued the positive tone set in the first quarter, new variants of Covid-19 notwithstanding
The momentum of the world economies gathered a head of steam as corporate earnings in the US and economic activity surprised on the upside. The MSCI World index increased during the quarter, delivering its best month in April since November 2020. America continued to set new record highs in their major indices, while Europe relaxed restrictions imposed during 2020 and the early part of 2021.
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