D-PIMS Weekly Market Update - Week of 23rd to 29th December 2019
Today’s Monday Update:
Being a short week due to the Xmas holidays, there was not a lot to report from the last week, however:
• Markets remained in a good mood, continuing the ‘Santa Rally’. Donald Trump added to the positive sentiment by confirming that his phase one trade deal agreed with China would be signed ”very shortly”. China also helped by saying it would reduce tariffs on more than 850 products from all countries with free-trade agreements.
• In other developments, we saw South Korea, Japan and China’s leaders make a combined effort to re-start North Korea-US dialogue.
• Over the short week Global Markets were generally up, particularly the UK and Far East. UK Markets still seemed to be benefiting from the lifting of extreme Political uncertainty that had been prevailing all this year, prior to the General Election.
• All the D-PIMS Portfolios had another positive week, particularly the higher risk Portfolios.
The value of investments and the income from them can fall as well as rise and you may not get back the original amount you invested.
Past Performance is no guarantee of, or guide to future returns.
The comments made above represent our interpretation of events and market views and are in no way a guarantee of future investment performance.