Brewin Dolphin's Q3 2021: Quarterly Review
Strong growth in profits provided a boost to company shares during the third quarter of 2021, but anxiety over the future tempered those gains. In their recent report, Criticaleye Advisory Member, Brewin Dolphin, looks back at the events that have shaped markets over the past three months and highlight what to expect in 2022.
Key takeaways include:
Some of the supply shortages can be blamed on companies that misjudged what lockdown would mean, in terms of goods demand.
‘Upstream’ oil prices have been rising but, towards the end of the quarter, oil availability became an even greater problem ‘downstream’, as a shortage of HGV drivers made it difficult to get petrol to filling stations.
Going into 2022, it seems likely that monetary policy will tighten.