A clash between hedge fund managers and retail investors in the GameStop trading frenzy gained so much attention in January 2021 and the market had a roller coaster ride in the final week of the month. Moreover, Asian equities continued to outperform United States (US) equities.
Although the market has been rising strongly since April 2020, the equity market still produced decent gains in December 2020.
There were comments relating to investments on the news and social media as a result of the US Presidential Elections. Some of these comments in investing forums were about general themes such as:
After two months of consecutive losses, global equity markets recovered spectacularly. Adding to the bullish sentiment was a series of positive news on the development of COVID-19 vaccines.
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