Last week global stocks fell. The root cause of this pull back in stocks was, in our view, the recalibration of lofty expectations about the pace of recovery. That said, market was hit with headlines from rising U.S.-China trade tensions, reality check of having a Covid-19 vaccine by end of the year, disappointing job data …
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Fall ousted summer already last week, making to remember the traditional seasonal changes. Major global stocks finished mixed as European and Asian stocks outperformed their American peers. U.S. stocks hit the lowest level since beginning of August, driven by weakness of technology stocks that have an influential size on major indices....
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Last week, global stocks finished mixed with U.S. equities lagging European's peers for the first time since pandemic started, as the technology tail was wagging the U.S. stock market dog, once again. Still, expectations for the tech sector are high as it is backed by strong profits, low debts, and durable business models. Our analysis …
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Last week, the market sell-off suggests that the "Bloom is off the Rose" and Nasdaq, U.S. tech heavy index, will take the brunt of that change of heart. September trading is back with volatility, but not above the expected range, in our view. After the March market bottoming, stock market had a steady path higher, …
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