Market Insight September 27, 2020

Weekly Commentary & Strategy

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 and fading expectations about more stimulus. In the U.S. the death of Ruth Badar Ginsburg, Supreme Court judge, made investors worried that the stimulus talk between Republicans and Democrats could be overshadowed by a next Supreme Court nominee….