The market performance in February 2021 was almost exactly the same as that of in January. The equities started well into the month and rallied higher, only to be halted by a panic sell-off right at the month end due to triggers by the persistent rise in US Treasury yields.
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 was also plenty of good news, such as the implementation of the vaccination program and the finalization of the Brexit deal, that supported the market rally during the month.
There were comments relating to investments on the news and social media as a result of the US Presidential Elections.
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.
Global equities declined for the second consecutive month in October. Rising new COVID-19 cases in the US and Europe was the primary reason for a selldown. Also, investors avoided risky assets on the backdrop of political uncertainty ahead of the US presidential election and the failed negotiation over Brexit.
In light of the questions that we have received about ETFs, we aim to cover the basics and provide investors with an overview on ETFs in this article.
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The United States of America, or the US, is the world’s largest economy and the most influential country in the world. Therefore, the US Presidential election is the most-watched event globally.
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