Market Commentaries

13 Nov

Vaccine News Sparks Market Rotation

November 13, 2020 Stocks rose for the second consecutive week despite a light week for economic news. Progress towards a Covid-19 vaccine and clarity that the election results are unlikely to change despite the outstanding legal challenges gave bulls a shot in the arm, sending the S&P 500 to a new record high. In vaccine…

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06 Nov

Keep Calm and Count On

November 6, 2020 Voters remained glued to the edge of their seats as counting continued in the race for the White House. As of Friday afternoon, a winner had yet to be called as election workers continued to count mail-in ballots in Pennsylvania, Georgia, Arizona, and Nevada. The latest results showed Democratic Presidential Candidate Joe…

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02 Nov

Markets Wake Up to Coronavirus Risks and No Pre-Election Stimulus Deal

October 30, 2020 After weeks of ignoring growing coronavirus risks, markets finally awoke to the reality that a second surge is taking hold across the globe. Europe, having avoided the worst of the first wave in March, is now approaching death rates approximating those in the U.S., prompting some countries to enact stricter social distancing…

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