The week 04.01. – 08.01.2021
The first week of the year was, as often in history, an encouragingly positive one.
The first week of the year was, as often in history, an encouragingly positive one.
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The last week of the year tends to be shorter than usual and often ends on a positive note.
The course for a massive rise in share prices on the stock exchanges and for all other assets has already been set by the currency watchdogs.
A short week full of hopes for a breakthrough in vaccination is behind us.
Investors took note of the solid company data and turned their attention to the mixed economic data.
The S&P500 was caught between the news of a breakthrough in vaccine research and the announced legal mud-slinging in the U.S. presidential election.
The US presidential election has finally been defeated, with the result that the agony for market participants will be prolonged as the elections now threaten to drift into legal aftermath.
For several weeks, market participants have been waiting for a market correction so that they can find a more favourable time to enter the market after an early exit.
Investors have realized that the stock market cannot live with uncertainty.