7 february 2022
Asset Allocation Outlook February
“As goes January, so goes the year” is an old market wisdom. And superficially that appears to apply to the S&P500 from 1964 and the AEX from 1984. On both stock exchanges, in about two-thirds of the years a positive January is followed by a positive year or a negative January is followed by a negative year. Yet this is mostly true of the positive years. Both January and the year are positive in over fifty percent of cases. After all, stock exchanges rise more often than they fall. Even if January is negative, there is a slightly higher chance of a positive year than of a negative year. In short, there’s still hope for 2022.
Please see Kempen’s Asset Allocation Outlook for February. The highlights this month are:
- Fed makes further policy adjustments following high inflation data; no consolation for investors
- ECB seems to be preparing markets for a policy change
- Economic growth in temporary dip
- Investment policy: positive outlook for equities unchanged
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The information in this publication is of a general nature. This publication may at no time be viewed as an offer and you cannot derive any rights from this publication. The external sources used to produce this publication were selected with the great care.
We cannot guarantee that the information and data from these sources is up-to-date, correct and exhaustive. We accept no liability for printing and typing errors. We are not obliged to update or amend the contents in this publication.
All rights related to the content of this publication are reserved, including the right to amend.
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