Market Review and Trends
US stock market fear gauge hits fresh high as COVID-19 Surges
By The Asia Report  •  October 31, 2020
The VIX often referred to as the stock market’s fear gauge  spiked to a more than 4 month high earlier this week. The jump came amid equity volatility that saw the benchmark S&P 500 tumbles in the worst stock rout in four months. Other major markets around the world were also in deep negative territory. Europe announced new lockdown measures as cases around the world continued to surge relentlessly. The US was not spared and dashed stimulus hopes also fuelled the intense sell-off. The US Presidential Election is also contributing to the renewed upswing in volatility. This year’s elections is proving to be a historic one with voter turnout at record highs. It goes without saying that this is no normal election year. The chanced of delay results this year have increased dramatically as COVID-19 has fuelled a surge in mail-in voting. Key Takeaway: The chance of delayed results this year means that investors are bracing for extended market...
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By The Asia Report
Richard is passionate about teaching the principles of value investing to people from all walks of life. Richard is also a frequent guest speaker on investing and financial markets at institutions such as University College London and the London School of Economics, and at investment conferences held in Singapore ...
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