18th November 2020
A notable November has so far given us a new
US president (we expect), a Republican Senate
(we think), and a vaccine to end the pandemic
(we hope). Market reactions have been suitably
volatile as the stream of news flow is digested.
The net reaction has been a positive one with
‘value’ driven equity indices thus far
outperforming on hopes of an earlier than
anticipated end to the pandemic. We will discuss
the market implications of this a little later, but
first we will examine what the outcome of the US
election might mean for the global economy in
the months ahead.
For more information please contact Rubrics Asset Management. email@example.com.