15 Nov, 2021
Equity Market Weekly Outlook
- Amazon and Ford backed Rivian Automotive went public on Wednesday, marking the largest IPO in the United States since 2014.
- China Evergrande Group averted another default in its biggest test since the property developer’s debt crisis began.
- As developed economies such as USA and EU are hesitant to increase interest rates, Latin American countries started tapering heavily in March.
- Investors are aggressively buying equities as CNN’s fear and greed index reaches extreme greed phase, confirming that investors have no fear to allocate their funds in equities.