For a holiday-shortened week, it has been one of the most hectic I can remember.

As we watch events unfolding, our hearts go out to all that are being directly impacted by the Russian incursion into Ukraine.

This week was no different than those that preceded it this year.

The markets spent much of the week lurching in starts and fits with each day’s earnings announcements.

The markets went sideways this week as analysts continue to digest earnings announcements, economic reports, and geopolitical developments.

The doldrums continued this week as corporate earnings announcements commenced.

We’ve entered the season of downgrades.

I usually start these emails with how the markets did this week.

It seems only fitting that on this last week of 2021 we look back.

The markets continued to churn this week first higher, than lower.