12Jan
Financial markets started the year on a dynamic note. While the expected Santa Claus Rally never materialized, major indices are still in positive territory. By early January, as of Friday morning, the S&P 500 and Nasdaq were both up just over 1%, while the Dow Jones surged by 2.5%. One can only hope the old saying — “as the year begins, so it shall go on” — holds true. That said, there are plenty of factors working against equities, with geopolitics high on the list. This is a quick review from Ivan Kompan, Edinburgh Business School analyst.