Market Insight January 31, 2021

Weekly Commentary & Strategy

Global stocks logged their biggest weekly loss in three months, amid volatile trading in certain pockets of the market and fear of speculative excesses. Last week made no history – just a syllabus for unique market behaviour, as the stock of a video game retailer, GameStop, skyrocketed and a narrative of small day traders versus massive hedge funds became
households’ discussion overnight. Why should an extraordinary surge of a handful of small cap stocks cause a global equity sell-off? We agree that it should not be the case, but…: