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By Fabrizio LORINI, Asset Management Director, Taleo Consulting Group
Investors are now suddenly reassured on two key topics: the US elections and the arrival of vaccines
Major equity markets have recovered around 20% in less than two weeks. The main world indices (SP 500, EuroStoxx 50, CAC 40) therefore broke the trading ranges they had been confined to for months, which is very encouraging for the medium term. The rally was rapid, for reasons we all know, so much so that the stocks are now technically in overbought territory for the short term. Occasional consolidation episodes are likely to occur and it will be interesting to buying on these declines now that investors are now suddenly reassured on two key topics: the US election and...
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