January 24, 2021

Over the last week, major global indices finished slightly off record high, as investors were balancing positive news on vaccine rollout and generous fiscal stimulus, with near-term challenges of worsening coronavirus news and the sustainability of government deficit levels....

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January 17, 2021

Last week stocks took a breather and declined modestly, after posting record highs the week before. Investors weigh in President elect's $1.9 trillion fiscal-stimulus plan, which was smaller than expected, disappointing vaccine distributions and new economic lockdowns that could be here for longer time....

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January 10, 2021

Happy new year with the best wishes, to all our readers! Stocks started 2021 on a strong note, globally, with major indices hitting new record highs last week. Now, having the book of 2020 closed – a year with a global pandemic beyond imagination, U.S. presidential elections, a historic recession, the fastest bull to bear …

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December 20, 2020

Last week global stocks edged higher, with U.S. indexes at fresh new record highs. Curtsy of Fed's ability to continue its emergency lending programs, along with a brighter long-term outlook amid vaccine rollouts. Yet, investors are waiting for something more than Santa, as the negotiation between Democrats and Republicans for a new fiscal aid appears …

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December 13, 2020

Last week major global indices hit fresh record highs before pulling back and ending the week on the low note. A postponed stimulus package in the U.S., no-deal Brexit, and recent restrictions in activities amid worsening of coronavirus trends, all attributed to the negative mood. Is this complacency or justified optimism? In our view, it …

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December 06, 2020

Last week, on the turn of the calendar to December, U.S. stocks hit new highs, amid the progress for a vaccine, the current state of the economy and a potential fiscal package in Washington. Other major indices finished mixed. Clearly, global stocks, which have rallied more than 50% on average since late March with a …

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November 29, 2020

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 …

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November 22, 2020

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 …

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November 15, 2020

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 …

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November 08, 2020

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 …

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November 01, 2020

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 …

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October 25, 2020

Last week, the 33rd anniversary of "Black Monday", global stocks except Asian equities declined modestly. The headline news, from U.S. presidential election to vaccine reality check with new restrictions in place, were dominating the market....

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October 18, 2020

Last week equity market oscillated between positive and negative territory, reflecting tug of war between encouraging earnings, which have been kicked-off with U.S. banks, and concerns over new lockdowns and restrictions amid the pandemic. Chinese stocks advanced the most, followed by U.S. equities, while their European peers lost their earlier gain in the week....

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October 11, 2020

Last week, global stocks climbed, and they scored their best weekly gain since early July. Thanks to positive news about President Trump’s health condition and the anticipation of a new stimulus in U.S., despite shaky negotiations. Market will stay nervous about politics, i.e. U.S. presidential election, in the coming weeks. In our view, policies will …

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October 04, 2020

Last week major global stocks managed to finish higher, although the market drifted lower, on Friday, after the news that President Trump and the First Lady tested positive for Covid-19. In our view, this news will have behavioural effects on consumers, who were getting ready to get back to normal economic activities and will question …

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September 27, 2020

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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September 20, 2020

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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September 13, 2020

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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September 06, 2020

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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August 30, 2020

Stocks managed to finish higher, last week, and bring an unusual summer to an end in a positive note. The S&P 500 had its best August in 34 years, as the index is up almost 57% from its March 23rd low. The U.S. Federal Reserve set a new policy framework with its dovish tone; here …

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