Last week was the week of swing, as stocks ended where they started. President Biden’s tax hike proposal, fears of inflation risk and asset bubble were amongst the catalysts for the market fluctuations. Surging international Covid cases, taking capital gains and splashes of earnings played a role, too. Healthcare and real estate shares led the way, while energy stocks lagged as oil slumped. In our view, the bull market music is not fading yet, though all good things must come to an end,
including this great winning market. We would like to elaborate on the above conditions that drive market volatility….
