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The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
Market update - 2nd December 2020.
2nd December 2020
Although November ended on a downer as the FTSE-100 fell just over 100 points (nearly 1.6%) on Monday (30 November 2020), overall November delivered some fantastic equity market rallies: the FTSE-100 rose 12.35%, while in the US the Dow Jones climbed 11.84% and Japan’s Topix ended the month 11.12% higher.
Market Update - 26th November 2020.
26th November 2020
The equity market theme so far this week has been the same as the last few weeks.
Market update - 18th November 2020.
18th November 2020
With the US Presidential election effectively settled, coronavirus is again the main driver of global equity markets.
Market Update - 11th November 2020.
11th November 2020
We have previously stated that while the US Presidential election was important, it is progress on a coronavirus vaccine that will have a far greater impact on global equity markets as a vaccine will allow economies to fully reopen and thus speed up the economic recovery.
Market Update - Wednesday 4th November.
4th November 2020
Although the polls and news reports over recent weeks have suggested that it was Joe Biden’s (a Democrat) election to lose, we have warned that the US Presidential election was likely to be tight (simply because, as with voting Conservative or for Brexit in the UK, there are potentially lots of Americans that don’t want to admit to voting for Donald Trump) and as a consequence could potentially be contested and decided in the courts.
Market Update - 30th October 2020.
30th October 2020
It has been a brutal week so far for global equity markets as the tug-of-war contest has seen the winning marker move decisively away from the side with the healthy company earnings (profitability) announcements...