The Logical-Invest newsletter for December 2020
Market surge in November U.S. and foreign equity markets had an exceptional month due to major progress towards a coronavirus vaccine and expectations of easy monetary policy from central banks. The S&P 500 is up +10.9%, EFA (Developed countries) +14.3%, EEM +9.2% while hard hit economies like Italy and Spain are up +25% and 27% respectively. Safe heavens under pressure The surge in stocks has put competitive pressure on safe-haven assets such as bonds … Read more