GreenStars Market Commentary December 2022

01/17/2023

After recovering in previous months, capital markets closed lower at year’s end. Inflation and economic slowdown remained among the most important topics, supported by central banks, which underlined their willingness to hike rates even further. As a result, market participants hope towards near-term policy pivots were damped, despite increasing probability of a deep recession. Technical factors may have impacted these movements, after slumps in value throughout the year the weakest performers were sold once again at the turn of the year due to tax incentives.

 

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