Equity Market Weekly Outlook

15 Nov, 2021
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  • 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.
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