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Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Overseas Headlines – January 10, 2022

United States:

Omicron Absenteeism Poses Fresh Test to U.S. Economic Strength

“With the omicron wave of the pandemic rapidly spreading across the U.S., the robust economic recovery is facing a new threat that policymakers have little control over: people calling in sick.”

https://www.bloomberg.com/news/articles/2022-01-09/omicron-absenteeism-poses-fresh-test-to-u-s-economic-strength?srnd=economics-vp

Europe:

Europe Fears Economic HitIf Russia Is Sanctioned Heavily

“Concern among some big European nations about economic fallout raises the risk of a split with the U.S. on how strongly to hit Russia with fresh sanctions if it invades Ukraine, according to people familiar with the matter.”

https://www.bloomberg.com/news/articles/2022-01-09/europe-frets-about-economic-hit-if-russia-is-sanctioned-heavily?srnd=economics-vp

Asia:

Japanese Households Cut Spending Even Before Omicron Hit

“Japanese household spending fell in November for the first time in three months, a sign of unexpected fragility in consumption even before the omicron variant of the virus started to spread.”

https://www.bloomberg.com/news/articles/2022-01-06/japan-households-cut-spending-before-spread-of-omicron-variant?srnd=economics-vp

Disclaimer:

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Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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