November 2020 made history in stock market, so far. Global stocks closed in one of best-ever month, thanks to positive coronavirus-vaccine news that over-ruled climbing Covid-19 cases and soft economic data of a short trading week due to Thanksgiving. U.S. stocks posted fresh record highs with the Dow Jones up more than 12% for the …
Download report
Last week global stocks were positive, while the equity market tried to balance out encouraging vaccine news against ever-growing economic restrictions amid rising virus cases. During the last two weeks, stocks faced what we call a “rotation”, i.e. a change in leadership across asset classes, after Pfizer’s vaccine announcement on 11/9, followed by Moderna’s, and …
Download report
Last week global stocks posted a second week of gains, with S&P 500 closing at a new record high, courtesy of the Pfizer and BioNTech announcement that their vaccine had a 90% effectiveness in their large study. The knee-jerk reaction of investors to Pfizer's vaccine breakthrough almost made the U.S. election outcome a non-event for …
Download report
Last week global stocks rallied sharply and posted their best weekly gain since early April, with the biggest equity gains in Europe. Finally, a deeply divisive U.S. presidential campaign came to an end this week as Democrat Joe Biden announced his victory over Donald Trump. Here is a brief re-cap of how the Trump presidency …
Download report
Last week market celebrated Halloween as it slumped globally, except in China. This year has been too horror filled already, without Halloween. The S&P 500 closed more than 2% lower than where it started the week, for the 11th time this year, compared to the average of about 3 times a year since 2010. News …
Download report
