Market Insight August 16, 2020

Weekly Commentary & Strategy

Last week, global stocks gained although they faced some reality checks. European stocks declined due to fresh U.K. travel restrictions as virus cases rose, and U.S. stocks pulled back from their record highs amid disagreements on the new stimulus package and postponing the U.S.-China trade talk over the weekend. However, European equities beat U.S. peers in August, fueled by a massive stimulus program and betting that the spread of the coronavirus would be better contained….